This probably applies to more than just the US, but the US is what I know best.
The bargin is between the masses and the wealthy elite, and heavily inspired by D. Graeber's book Debt.
Pre WWII, it was the social safety net, a chicken in every pot.
Post WWII, the workers got small houses, cars, and pensions
Post 1970, it was big houses which gained in value and a piece of the capitalist pie (401k)
For the last two, if you knew what the bargin was and bought in early, you made out big.
I wonder what bargin comes next? What are the terms?
No comments:
Post a Comment