id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ar-14419	Radice, Hugo	Cutting Government Deficits: Economic Science or Class War?	2010	16	.pdf	application/pdf	7270	312	50	Although the turn of the millennium was accompanied by further outbreaks of financial crisis—for instance, the ‘dot.com’ stock-market bust and Argentina in 2001—a new wave of global economic growth accompanied by low inflation appeared to justify the self-satisfied claim that ‘the ‘Great Moderation’ had arrived (Bernanke, 2004). The triumph of neoliberalism – and globalization While the Third World was devastated by the debt crisis of the 1980s (Hag- gard & Kaufman, 1992), the UK and US financial sectors pressed forward with deregulation at home and expansion abroad, laying the basis for their joint domi- nation of global financial markets.	cache/ar-14419.pdf	txt/ar-14419.txt