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We’re all in it together
The Republicans, Richard Nixon with the opening up to China in the 1970s and Ronald Reagan with the relocation of manufacturing to Mexico in the 1980s, put quantities of products on the market at lower prices than before. This was presented as a gift to purchasing power. It gave people more disposable income. Landlords then…
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Humiliated by the Republic
During the industrial revolution, people were forcibly moved from the countryside to cities or industrial estates where there were factories or mines. Karl Marx turned these displaced people into a class, the proletariat. In the 1970s, they were dispossessed of their places of work by moving their sources of income abroad. Companies seeking to increase…