He made a good point during the discussion saying that when the history books are written,2009 will be seen as the end of the market capitalism that began in 1979 and the beginning of a new era of state intervention.
1979 was of cause marked by the start of Thatcherism and a year later saw the birth of Reaganism across the Atlantic.
Both left their mark on the world and successive governments no matter which side of the political lines continued that free market course.
Whether free market capitalism will be seen as the economic system that brought down 150 years of industrialisation and growth remains to be seen.
Many see Mrs Thatcher as the instigator of this brand of economic management as a result of the failure of the post war consensus but was she responsible for all that followed?
Writing in the Independent this morning,Alan Watkins certainly thinks so.
The Iron Lady launched an era of selfishness, greed and fraud which her successors have fostered with care
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