I thought the free market was forever – then Trump came along

But in the 21st century, capitalism is facing new challenges. The gap between the rich and the poor has widened significantly. The financial crash of 2008 exposed the flaws in the system. And concerns about environmental sustainability and social responsibility are at the forefront of many people’s minds.

Trump’s protectionist policies, his attacks on free trade agreements, and his disregard for traditional Republican principles of free markets have left many wondering if the system that has dominated the world for the past few decades is coming to an end.

Thatcher’s legacy of privatization and deregulation is under scrutiny. Many are questioning whether it has truly delivered on its promises of prosperity and freedom for all. The rise of populist movements and the backlash against globalization are signs that the status quo is being challenged.

As we look to the future, it is clear that capitalism will need to evolve to address the changing needs and values of society. The debate over the role of government, the responsibilities of corporations, and the distribution of wealth will continue to shape the future of capitalism.

Whether the free market system is doomed to failure remains to be seen. But one thing is certain – the ideas and policies of figures like Margaret Thatcher and Donald Trump have left a lasting impact on the world, and their legacies will continue to shape the way we think about economics and society for years to come.