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Download America Transformed: Sixty Years of Revolutionary Change, by Richard M. Abrams PDF

By Richard M. Abrams

The United States has noticeable a mess of changes on the grounds that its very founding. This booklet examines the interval 1941-2001 within which time the nature of yankee lifestyles replaced speedily, culminating within the shattering of the liberal Democratic coalition. Revolutions within the components of affluence, international coverage, the army, company approach, racial relatives, gender roles, sexual habit and attitudes, and disrespect for privateness are mentioned. instead of cite old proof as they happened, the US reworked analyzes them and gives a clean and sometimes arguable viewpoint. Abrams' attracts on a wealth of released assets to spotlight his unique arguments on McCarthyism, the chilly conflict, Eisenhower, Kennedy, Nixon, and Johnson, to call a couple of issues. The synthesis of knowledge and the intensity of perception are easily remarkable in the other ebook of yankee social heritage from 1941-2001.

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Additional info for America Transformed: Sixty Years of Revolutionary Change, 1941-2001

Example text

In the closing years of the war and for a few years thereafter, a vigorous debate raged over the need for proactive government intervention in the economy in order to avert a new depression. For years, conservatives had been arguing that the New Deal had prolonged the Depression because deficit financing of government spending for public works, for work projects to provide jobs, and for unemployment relief had demoralized the financial community. But by the middle of the war, a progressive sector of the business community implicitly conceded that the New Deal had failed to restore prosperity because it had not spent 6 About half a million women also served in the military, but it was not expected that their demobilization would crowd the job market.

By early 1945, demand deposits at $69 billion were three times the pre-crash 1929 total, while cash in circulation 10 Collins, Business Response to Keynes, p. 102. 11 When the war ended, releasing production for consumer goods, Americans were able to go on a spending spree that more than made up for the drop in federal spending, which plummeted from $99 billion in 1945 to $36 billion in 1946 and to $28 billion in 1947. -made goods. S. government, including the $17 billion dollars spent in five years on the Marshall Plan (1948–1952).

The Soil Bank Act of 1956 would pay certain farmers for land that they withdrew from cultivation. The oil and natural gas industries were similarly subsidized by generous tax write-offs for various industrial activities, by a tax on oil imports, and by government regulations that limited output. Furthermore, although a precipitous decline in government outlays for the military accompanied demobilization, even at their postwar low point in 1948 they remained far above prewar levels. The outbreak of the Korean War in 1950, coupled with the financial and troop commitments to the North Atlantic Treaty Organization (NATO) and to Japan and Taiwan, more than doubled those outlays as a percentage of a growing GNP by the mid-fifties.

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