4 ms·
Walter - no one is advocating for a radical 180 degree change of humanity. But even within the United States we have seen radically different approaches to ineq
by sshumaker 5y ago
Walter - no one is advocating for a radical 180 degree change of humanity. But even within the United States we have seen radically different approaches to inequity. Today’s economy most closely resembles the Gilded Age when it comes to concentration of wealth. At the turn of the 20th century, there was a strong nationwide response to the problems dramatic inequality caused for society - ending up with trustbusting, labor laws, unions, and higher taxes on the wealthy, culminating in the New Deal and GI bill. Those changes persisted post-WW2 when American equality was at its best and we enjoyed unprecedented growth, and really only were unwound in the Reagan administration and beyond.
- WalterBright 5y ago> we have seen radically different approaches to inequity Not once have seen changes to human nature. > unprecedented growth Are you sure about that? It was higher in the 19th century. > only were unwound in the Reagan administration Forgetting the stagflation of the 1970's and Carter's "Malaise Forever". Things got a lot better under Reagan. The Guilded Age saw massive increases in the standard of living across the board. The notion that it was some hellish period in our history is unfounded. I've read "Titan", the biography of Rockefeller. The book failed miserably at presenting any evidence whatsoever that Rockefeller got rich at the expense of the poor.