The Cold War? Child’s play compared to what lies ahead, according to U.S. historian Robert Kagan. Trump, he says, is leading the world into the most dangerous era since 1945.
The Cold War? Child’s play compared to what lies ahead, according to U.S. historian Robert Kagan. Trump, he says, is leading the world into the most dangerous era since 1945.
I would add that the high standard of living being taken away for the last half century had nothing to do with imperialism, it triumphed despite imperialism, that standard of living was from Organized Labor, and from the New Deal and the Great War that allowed the government to put the bosses on their back foot, to make them pay progressively more taxes after obscene amounts, for taxes to be paid by corporations more than personal taxes. The top rate for income was 90% after they got a large amount at lower rates.
And the new deal put checks on business, it prevented the banks from systematically cheating everyone. Preventing them operating in more than 3 states, keeping them small, seperated commerical and investment banking, and made a writer of a security hold a percent of that until maturity, making sure they wrote good loans and didn’t write bad ones, fob them on investors.
Preventing the rich from being super rich and becoming too powerful is one big deciding factor in standard of living. Labor, and the New Deal, is what led to high wages, in spite of the cold war, not because of it. And that cold war hurt us, it didn’t help us, in every way you look at it.
I wish I didn’t just read all of that to get to the end and you just brush off the argument completely.
Was that line a troll? After literally not looking at it at all, you say that? And I guess we’re talking about the cold war, and not imperialism now?
Here’s my question in response to all of that: Why did the US get the New Deal and not the Jakarta Method?
What do you mean, I looked at it and rejected the contention that the imperial Adventures of our ruling class has had any benefit for taxpayers and citizens. That in fact it has given Force and license to the ones that have taken away our prosperity and rights. I really do not see any counter argument you are making here for how Imperial Adventures help the working class.