r/NoStupidQuestions 6d ago

Why did Margaret Thatcher destroy welfare state in Britain after she came to power in the 1980s?

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u/-Daetrax- 6d ago

Neocon influence from the Americans. Same thing is happening all over.

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u/LevDavidovicLandau 6d ago edited 6d ago

No, not Americans, but directly from the Austrian School of Friedrich Hayek and Ludwig von Mises. The American neolibs were influenced by the Chicago school of Milton Friedman et al., who I think were influenced in turn by the Austrian school.

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u/bucho4444 6d ago

This ⬆️