With the end of the Cold War, many commentators expected a renewed emphasis on domestic policy as a result of this major change in foreign policy. Until the attacks of 11 September 2001, this is exactly what happened. The “new world order” in domestic terms, celebrated the triumph of capitalism and free markets. At this time, Milton Friedman’s economic ideas were all the rage and Keynes completely out of fashion. The economic problems of the 1970s, in combination with the manifest failure of communist economies, had largely discredited the traditional notion of the Left and party...