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In the 1950s the world had gone through two (2) gigantic world wars, one recently, which completely collapsed multiple global empires, killed millions -- especi
by red-iron-pine 3y ago
In the 1950s the world had gone through two (2) gigantic world wars, one recently, which completely collapsed multiple global empires, killed millions -- especially the young, fit men who are the backbone of the economy -- and devastated multiple countries, many of which were big developed economies.
the US, and certain parts of Europe, were mostly spared this, and as a result could make crazy money because they were the only source of advanced labor around.
it wasn't like that in the Guilded Age or Roaring 20s or Great Depression -- there was a reason all of those labor movements and riots happened then; wouldn't have happened if a one-income mailman could buy a house.
that was a one-off, a time when half the world blew up a few years before.