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It only happened after WW2 because the US came out of that war as the only untouched developed economy. A WW3 isn't going to leave anyone unscathed and would pr
by LiquidSky 1y ago
It only happened after WW2 because the US came out of that war as the only untouched developed economy. A WW3 isn't going to leave anyone unscathed and would probably mean all-out nuclear war.
- PaulHoule 1y agoWasn't just the US https://en.wikipedia.org/wiki/Mid-20th_century_baby_boom https://en.wikipedia.org/wiki/Mid-20th_century_baby_boom
- tormeh 1y agoHappened in many countries in western Europe as well.
- racl101 1y agoDid other countries, especially the ones that were ravaged by war, did they have baby booms? I'm curious now.
- Qem 1y agoUS feared people from ravaged countries would embrace communism, and showered them with cheap cash for jobs and reconstruction. Unfortunately capitalism today faces no competition, and it's devolving into techno-feudalism. The super-rich have a hard time sharing wealth with the rest of us, in absence of credible threat of some revolution putting their heads to the guillotine or something like that.
- jandrese 1y agoI think a bigger factor is how the war broke up a lot of the old power structures and for a couple of decades it was really possible to get ahead even if you started off poor. There was an abundance of need for labor rebuilding the world and servicing the sudden boom in consumer goods that arose from all of the technologies being developed. Those power structures have reformed and now we are back in the neofeudalism model that arises when power is allowed to ossify. There is no guarantee that a WW3 would even repeat this phenomenon.