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Jack Gladney posted:What caused the world to abandon Keynes and capitalism with a robust safety net? I keep hearing about stagflation and oil crises as the prods that rose neoliberalism out of the muck, but were those crises inevitable? You should talk to people who remember what the 60's were like, QOL-wise (Doing this will probably make somebody's day.). The 60's were not a magical time superior to the 2010's except to people who weren't there. edit: For instance, look at poverty. http://www.pewresearch.org/fact-tank/2014/01/13/whos-poor-in-america-50-years-into-the-war-on-poverty-a-data-portrait/ The whole article is good and worth a read, but tldr: quote:Critics note that the official poverty rate, as calculated by the Census Bureau, has fallen only modestly, from 19% in 1964 to 15% in 2012 (the most recent year available). But other analysts, citing shortcomings in the official poverty measure, focus on a supplemental measure (also produced by the Census Bureau) to argue that more progress has been made. A team of researchers from Columbia University, for example, calculated an “anchored” supplemental measure — essentially the 2012 measure carried back through time and adjusted for historical inflation — and found that it fell from about 26% in 1967 to 16% in 2012. wateroverfire fucked around with this message at 19:05 on Jan 20, 2017 |
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Jan 20, 2017 18:48
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| # ¿ May 12, 2024 15:10 |
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