It was the post-war political atmosphere of egalitarianism and the fact that Europe and Asia were in ruins that made factory jobs well-paying in 50s America. On

It was the post-war political atmosphere of egalitarianism and the fact that Europe and Asia were in ruins that made factory jobs well-paying in 50s America. Once other countries reverted to the mean and neoliberals captured government, so ended the conditions for strong wage growth.