How This All Happened

If you fell asleep in 1945 and woke up in 2018 you would not recognize the world around you. The amount of growth that took place during that period is virtually unprecedented. If you learned that there have been no nuclear attacks since 1945, you’d be shocked. If you saw the level of wealth in New York and San Francisco, you’d be shocked. If you compared it to the poverty of Detroit, you’d be shocked. If you saw the price of homes, college tuition, and health care, you’d be shocked. Our politics would blow your mind. And if you tried to think of a reasonable narrative of how it all happened, my guess is you’d be totally wrong. Because it isn’t intuitive, and it wasn’t foreseeable 73 years ago… More here.

A great read.

Categories: Articles

1 reply

  1. Just finished this. Being born in 1948 and living through most of this makes it very interesting to look back. I remember my father telling me that my grandfather was quite well off and ran his own business, but sold it off during the 30s to pay off his debt caused by the depression. That gave my father the feeling that he shouldn’t go into debt no matter what.

    There were lots of interesting points and quotes, but this one is very interesting from the point of view of a grandparent who may have to explain the early 2000s to his grandchildren.

    Benedict Evans says, “The more the Internet exposes people to new points of view, the angrier people get that different views exist.”

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