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Social Change Post WW2 United States What happens when the war is over? Back to over-production & unemployment? New (worse) depression?

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Presentation on theme: "Social Change Post WW2 United States What happens when the war is over? Back to over-production & unemployment? New (worse) depression?"— Presentation transcript:

1 Social Change Post WW2 United States What happens when the war is over? Back to over-production & unemployment? New (worse) depression?

2 Social Change Two alternatives to renewed depression: abandon the market system completely (“communism”) or massive government intervention in the market -- “Socialism”

3 Social Change Post World War II socialist programs and the two basic conditions of depression: Overproduction Unemployment/low wages

4 Social Change Partial list: Social security, workers compensation, unemployment insurance, labor unions, minimum wage laws. Child labor laws, universal education and public support for higher education, public welfare programs. Government regulation and growing bureaucracy, cold war military spending.

5 Social Change Remove people from work force while raising wages (so workers can buy products).

6 Social Change Side effect: stimulates growth of the service sector -- based on workers’ disposable income from higher wages!

7 Social Change So, socialist modifications --- > “middle class” (workers) prosperity and modernization sustained by growing service sector (creates jobs) and prosperous capitalists too (can now sell their goods).

8 Social Change The Catch -- all of this is based on high tax levels and regulation of capital (both "anti-market")! One of several serious long term problems environment waste war and de-stabilization etc.

9 Social Change ANOTHER SIDE EFFECT: A WHOLE NEW CLASS SYSTEM 1%Capitalist Class (own most wealth - live off of income from capital) 10%Business/Prof Class (service & management workers - high salary + full benefits) 30%“Stable” Working Class (union & bureaucracy workers - medium wages + good benefits) 40%“Unstable” Working Class (non-union, unprotected workers - low wages, few benefits) 20%The Poor (unemployed, under-employed, the “underclass”)

10 Social Change Since the 1970’s, growth and split of service sector (split between growth in “good jobs” and “McJobs”).

11 Social Change The service sector is small in agricultural society (servants of the dominant class). The service sector grows with industrialization (sales, accounting, legal work, management, etc.) but eventually reaches a point (1920’s) where growth slows down (a sort of “saturation point”).

12 Social Change The service sector grows rapidly with socialist modifications (after WW II), at first government, business and professional workers (“union scale” salaries) but later gradually becomes low-paid service work (McJobs). This is the split in the service sector.

13 Social Change There are many results of this split that generate new “social problems”:

14 Social Change Declining wages - double wage-earner families, strained tax bases, general decline of the economy Changes in identities few “follow in parents footsteps” -- instability - narcissism/hyper-individuation

15 Social Change “Middle class” stability and work ethic decline (less upward mobility, no end goal for work ethic). Changes in institutions (schools, religion, politics, etc.).

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