Re: Capitalism and Collapse
On Aug 10, 2007, at 4:29 PM, Seth Ackerman wrote:
the vast majority of people in the US and Europe still see 1945-1973 as a baseline.
The median age of the U.S. workforce is approaching 40, meaning that
for most people, 1973 is an early memory, and 1945 was not even a
glint in the parental eye territory. Europe is even older. So if all
these people are seeing the Golden Age as a baseline, it’s not from
personal memory. And, in any case, why should 28 exceptional years be
seen as the real norm from which most of history was an exception?
And it kind of sucked to be a black or female worker in the U.S.
economy of the 1950s, compared with even the imperfect world of today.
Doug