James Callaghan's term as prime minister was a disastrous period for the UK economy. The postwar economic prescription of Keynes was that governments should borrow in times of recession and repay in times of boom, to adjust their economies to the desired level of employment. However treasuries had been much better at borrowing than at repaying, and now the prospects rising unemployment, falling growth and high inflation.
In Britain, the economic strains were compounded by the need for social attitudes and institutions to adjust to the loss of empire. This was generating racial tensions, which were cleverly exploited by a rising star in the Political firmament. Maggie Thatcher came to power in 1979
As the youth of Jamaican and British origin came together in the impoverished streets not all the reactions were conflicts between black and white. …