- Manfred B. Steger
- and Ravi K. Roy
Neoliberalism is associated with US President Ronald Reagan and Prime Minister Margaret Thatcher in the UK. #x2018;First-Wave Neoliberalism in the 1980s: Reaganomics and Thatcherism’ charts their resolve to stand by the principles of neoliberalism even in the face of challenges from their own supporters. The course of neoliberalism under Reagan and Thatcher and in particular the regulatory reforms that focused on fiscal policy and Reagan's commitment to ‘New Federalism’ are examined. They also shared a neoconservative approach to foreign relations and the impact of this is considered in the context of the Cold War.