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Quote by David Harvey

“The electoral victories of Thatcher (1979) and Reagan (1980) are often viewed as a distinctive rupture in the politics of the postwar period. I understand them more as consolidations of what was already under way throughout much of the 1970s. The crisis of 1973-5 was in part born out of a confrontation with the accumulated rigidities of government policies and practices built up during the Fordist-Keynesian period. Keynesian policies had appeared inflationary as entitlements grew and fiscal capacities stagnated. Since it had always been part of the Fordist political consensus that redistributions should be funded out of growth, slackening growth inevitably meant trouble for the welfare state and the social wage.”

Quote by David Harvey

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David Harvey
David Harvey

David Harvey, born on October 31, 1935, is a renowned British geographer, Marxist theorist, and social theorist. He has conducted extensive research in the field of geography, particularly on issues of capital accumulation, urban geography, and postmodern geography. Professor Harvey's work has had a profound impact on academic research and political movements worldwide. more

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