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The Anxious Triumph by Donald Sassoon – why capitalism leads to crisis

Because capitalism will always produce inequality and anxiety, state action is vital, argues this quirky history that considers the world from 1850 to 1914.

On 20 January 1981, in his inaugural address as 40th president of the United States, Ronald Reagan declared: “Government is not the solution to our problem, government is the problem.”

  • Adam Tooze
  • The Guardian

It was the soundbite that defined the end of the 20th century.

“Rolling back the state” became the mission of the “market revolution” spearheaded by Reagan and Margaret Thatcher.

In fact, as Donald Sassoon argues in…

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