– At the end of the 80s, free market thinkers declared “the end of history” and the triumph of capitalism. They were wrong on both counts, says John Gray. I have a vivid memory of the moment when I realised it wouldn’t be long before Margaret Thatcher’s radical experiment hit the buffers. It must have been sometime in the late 1980s. The venue was one of the free market think tanks that were so prominent in those far-off years.
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