3 ms·
> One can also look to examples like the US which survived numerous catastrophic economic collapses, like the Great Depression, wholly intact. "Wholly intact"
by thaumasiotes 1y ago
> One can also look to examples like the US which survived numerous catastrophic economic collapses, like the Great Depression, wholly intact.
"Wholly intact" might be stretching things, unless you see no problem with describing someone as surviving Alzheimer's "wholly intact".
- ben_w 1y agoWhile I would describe the economic transition of the USA going from laissez-faire to New Deal as being as much of an "end of capitalism"* as the collapse of the USSR was the "end of communism", the country of the USA itself remained cohesive in the New Deal. As Russia itself was cohesive, I guess you could analogise e.g. Texas to Kazakhstan (leaves), and Alaska to Siberia (remains)? * as it was understood at the time, and to my limited grasp of the history of such matters
- pjc50 1y agoPretty much all the "USA #1" types place Peak America after WW2, not before it. Reasonable historians would agree that it was less of a world power than the European nations before WW1, roughly on-par at the time of the Washington Naval Treaty, and surpassing them at some point between 1930 and 1945. The Great Depression did a lot of damage to individuals but FDR's response to that, and later the war, strengthened the US as a nation.