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Plot: Ronald Reagan had been elected US president in 1981, and began the long unwinding of post-war progressive economic and social policy awaited by the American ruling class, but which had produced social welfare and full employment for the 50’s and into the 60’s when a combination of the cost of the Vietnam war and the Arab oil shock produced an economic crash. Initiating a program of de-regulation of industry, and of finance capital, and an aggressive anti-union assault, he began the process of offshoring, globalised production and finance, and the beginnings of the financialisation of capital and its oligarchisation that we now face