Abstract:The launch of the neo-liberal revolution with Margaret Thatcher's coming to power in 1979 has turned out to be a major political watershed. That sea change has affected not only Great Britain but many other countries as well. Thatcher's praise of market solutions instead of state intervention has manifested itself particularly with respect to local politics. Adhering to her overall belief in market allocation, she advocated a shift away from the provision of services by local government proper.Contracting-out … Show more
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