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Public Control or ‘20th-Century Socialism’? U.K. Debates a Different Way.

NYT > Business·July 28, 2026
Public Control or ‘20th-Century Socialism’? U.K. Debates a Different Way.

Andy Burnham, the new UK prime minister, is criticizing Margaret Thatcher's privatization policies of the 1980s. He seeks to implement an alternative economic model, focusing on public control of key sectors. Burnham's approach is being likened to "20th-century socialism" as he aims to reform the way utilities are run. The move marks a significant shift in the UK's economic direction, with Burnham advocating for greater state involvement in essential services.

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