Thirty years ago, the old deal that held US society together started to unwind, with social cohesion sacrificed to greed.
Tina Miller, MA,CFLE stashed this in p2
RT Thirty years ago, the old deal that held US society together started to unwind, with social cohesion sacrifice... http://bit.ly/135xj9N
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I think the article would have had more impact if they had used the American spellings of these words instead of the British substitution of an "s" for a "z":
The large currents of the past generation – deindustrialisation, the flattening of average wages, the financialisation of the economy, income inequality, the growth of information technology, the flood of money into Washington, the rise of the political right – all had their origins in the late 70s. The US became more entrepreneurial and less bureaucratic, more individualistic and less communitarian, more free and less equal, more tolerant and less fair. Banking and technology, concentrated on the coasts, turned into engines of wealth, replacing the world of stuff with the world of bits, but without creating broad prosperity, while the heartland hollowed out. The institutions that had been the foundation of middle-class democracy, from public schools and secure jobs to flourishing newspapers and functioning legislatures, were set on the course of a long decline...