In the 1980s and 90s there was an extension of the autonomy of individual property owners in... a movement towards neoliberalism represented by Ronald Reagan, Margaret Thatcher and... by the Chicago school of economics that denigrated... the role of the state in the economy, that said the private markets would be able to solve most social distribution problems and the like. This was true in many ways. The world did become much richer in this period, but it also became much more unequal... Without adequate regulation and... effort to protect people against the excesses of market capitalism, you had people... left behind, even as their societies as a whole, grew. ...This ...became one of the triggers for the kind of populism we've seen arise in many rich countries.