It’s Trump, But It’s Not Trump

The post-war contract with the populations of the Western World was clear – you keep buying stuff and don’t rock the boat and we, the government, will make sure you have a job for life and be looked after in your old age. It may not be very thrilling, but you and your children will eat, stay warm and you’ll have a nice new car every couple of years. Between 1950 and 1980 that pretty much held true, but as our goal for an international capitalist economy became realised it started to break down. China coming on board was the tipping point. (And ironically it was another rogue American President, Nixon, who kick-started that shift.)

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