this post was submitted on 04 Feb 2024
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A Boring Dystopia
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The idea that any working class boomer could raise a family/ own a house on a single income is a myth. That was only true if you were a man, and happened to be white. The federal government built the interstates to the suburbs, the GI bill loaned the money to buy the house, and sent you to college. All to the exclusion of POC and women.
Even the labor unions told black men that you couldn't be in a union without a job, and couldn't get hired unless you were in a union. This "golden age" economy was also when a divorced woman couldn't get a bank account, an apartment, or a job.
The capitalists weren't sharing more wealth, they were sharing with fewer people.
A higher proportion of business's income went to wages, so yes, they were sharing more wealth (but only because they had to, because of the strong unions).
But yes, that was only being shared with white men
Okay, and now it's even worse.
Sorry no, you are deliberately sliding this discussion.
Anytime I see "the good ole days" brought up, I remind them they were only good to them because only cishet white men were allowed to participate.