The postwar global design produced capitalism’s decades-long Golden Age until 1971.
Evidence
This dazzling design, America’s Global Plan to remake Europe and Japan in the imagine of its technostructure, led to capitalism’s Golden Age. From the war’s end until 1971, America, Europe and Japan enjoyed low unemployment, low inflation, high growth and massively diminished inequality. The New Dealers’ job was almost done. — Yanis Varoufakis, Technofeudalism, 169
Categorization
- XREF: connects to: The 1970s marked the transition from postwar social-democratic settlement to the neoliberal global conjuncture. — Stuart Hall, Essential Essays, Volume 2: Identity…, 1198; A post-1971 force shifted capitalist power from industry to finance. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 184
Broader Connections
- The 1970s marked the transition from postwar social-democratic settlement to the neoliberal global conjuncture.
#complicates(0.75) — Stuart Hall, Essential Essays, Volume 2, 1198 - A post-1971 force shifted capitalist power from industry to finance.
#expands(0.75) — Yanis Varoufakis, Technofeudalism, 184