American grand bargins since WWII

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?

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Posted on February 14, 2012, in Uncategorized and tagged . Bookmark the permalink. Leave a comment.

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