General Discussion
In reply to the discussion: To those DU'ers who lived through the "Golden Age of Capitalism" (1940s to 1970s)-some questions... [View all]moondust
(21,306 posts)Politically, I think there was a lot of national unity during the war effort and after the war that contributed to the post-war golden years. That slowly dissipated due to Vietnam and politicians like Nixon and Reagan using the Southern Strategy, opposition to the Civil Rights Act, etc., to stir up bigotry in their quest for votes. Reagan went after the two unifying things that offered working people some protection, power, and hope: government and unions. Deregulation, corporatization, financialization, profiteering, and offshoring took off. Greed was now "good." Inequality began to grow. Kenneth Starr's scandal mongering as well as Newt and Tom Delay all intensified the hyper-partisanship through the Clinton years. Bush was an unmitigated disaster. And here we are.
Did I miss anything?