"...In the previous crisis, the New Deal, the allied victory in the Second World War, the Labour government in Britain, and the Marshall Plan and the economic recovery in Western Europe secured the very active allegiance of the electorates of the western nations while setting them on a path to greater equality and prosperity..." DK
This period really typified, instead, the further decline of the West, hardly a path to 'greater prosperity' for the West, except temporarily, and mainly increasingly for the top 1% of the West and the Rest.
'Greater equality' meant in practice, and in the end, not greater prosperity for middle and lower income folks in the West, but rather creeping economic convergence of median and average global incomes, a topic people like Piketty and Professor Kaiser avoid like the plague, for very good obvious reasons.
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