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Saturday, February 5, 2011

TINA ; There Is No Alternative

There is no alternative (shortened as TINA) was a slogan which Margaret Thatcher, the conservative British Prime Minister used often. In economics, politics, and political economy, it has come to mean that "there is no alternative" to the status quo of their economic system and economic liberalism.[1][2] This is the main slogan of economic liberalism, arguing that free marketsfree trade, and capitalist globalization are the only way in which modern societies can go, as any deviation from their doctrine is certain to lead to disaster.

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