HeavenlyPossum on Nostr: In the 1970s, the rich in places like the US and UK engaged in a sort of revolution ...
In the 1970s, the rich in places like the US and UK engaged in a sort of revolution against the poor.
They pursued policies that dismantled the post-World War II international consensus, which had been put in place to prevent another world war from happening and actually transferred wealth from rich to working class for the first time, well, pretty much ever in the modern era.
They dismantled welfare programs. They privatized public assets. They raised prices to encourage indebtedness. They dismantled labor unions. They fostered parasitic rentierism in education, housing, and healthcare. They empowered police to coercively repress the public.
The world we’re living in is the ruins of a society absolutely gutted by 50 years of elite reaction.
They pursued policies that dismantled the post-World War II international consensus, which had been put in place to prevent another world war from happening and actually transferred wealth from rich to working class for the first time, well, pretty much ever in the modern era.
They dismantled welfare programs. They privatized public assets. They raised prices to encourage indebtedness. They dismantled labor unions. They fostered parasitic rentierism in education, housing, and healthcare. They empowered police to coercively repress the public.
The world we’re living in is the ruins of a society absolutely gutted by 50 years of elite reaction.