"We have preserved social security and the welfare state, but at the expense of employment. Neo-liberalism, which put the emphasis on the market, manifested itself in Europe by the policies led by Margaret Thatcher, who sometimes had good reasons to prise off the shackles which were condemning British society to decline. But [Thatcherite policies] fell into an excess of laissez faire."
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Original Language: English
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Jacques Delors, L'Unité d'un Homme (November 1994), quoted in The Times (21 November 1994), p. 11
https://en.wikiquote.org/wiki/Economy_of_Europe
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Economy of Europe
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