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In reply to the discussion: To those DU'ers who lived through the "Golden Age of Capitalism" (1940s to 1970s)-some questions... [View all]SteveG
(3,109 posts)97. Unions and Corporate paternalism
During the period you ask about, 1/3rd of all workers were unionized. Those that weren't worked for corporations (like DuPont) which were paternalistic, but who took care of their employees by offering benefits which rivaled those won by unions. Basically employees were valued by their employers - happy employees made the corporations money. They felt wanted and important. Of course that all changed when Reagan was elected. That's when employees went from being seen as assets to being costs.
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To those DU'ers who lived through the "Golden Age of Capitalism" (1940s to 1970s)-some questions... [View all]
YoungDemCA
May 2013
OP
Another simple answer: government was not as deeply in the pockets the rich and corporate interests.
geckosfeet
May 2013
#2
Don't fall for the postmortem hype. He was a greedy, stupid man who drove a marginal company into
Egalitarian Thug
May 2013
#81
Good Point...many of us didn't know about "Powell Memo" until it got some attention pretty recently
KoKo
May 2013
#95
No, that was the eighties. No shoulder pads--or epaulettes--in the seventies. No "messy" or
MADem
May 2013
#78
You mean when a middle class family could live on a single median salary?
MannyGoldstein
May 2013
#29
FDR was the most powerful man in the USA. Obvious. Even he acknowledged that John L. Lewis was
byeya
May 2013
#11
"if it really was such a great time, what were the late 60s/early 70s massive social movements for?"
HiPointDem
May 2013
#21
Everyone thinks that things were simpler when they were a child. That's at least
Squinch
May 2013
#27
The Gladys Knight Version of "The Way We Were" is visually incredible..and the voice
KoKo
May 2013
#48
I don't really know much of anything we can quantify of what we have these days...
KoKo
May 2013
#50
Is this for your dissertation? Good God, there are library STACKS devoted to these questions.
WinkyDink
May 2013
#65
In every historical account save those concocted by capitalist douchebags, this era is called
alcibiades_mystery
May 2013
#71
I was going to post something similar but you've said it better. Basically it was a time when
byeya
May 2013
#89