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In the late 1970s, after a decade of economic stagnation, western economies, accompanied by China, began the first steps towards the abandonment of the Bretton Woods system and social democracy. They replaced it with the current model of global economics, neoliberalism. Explaining History helps you understand the 20th Century through critical conversations and expert interviews. We connect the past to the present. If you enjoy the show, please subscribe and share.▸ Support the Show & Get Exclusi

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