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The Eerie Parallels Between the 1920s And Today Should Worry US
It should be clear by now we are entering a pivotal era. We are currently undergoing four profound shifts, that include changing patterns of demographics, migration, resources and technology. The stress lines are already beginning to show, with increasing tensions over race and class as well as questions about the influence technology and institutions have over our lives.
The last time we faced anything like this kind of tumult was in the 1960s which, much like today, saw the emergence of a new generation, the Baby-Boomers, that had very different values than their predecessors. Their activism achieved significant advances for women and minorities, but also at times, led to tumult and riots.
Yet the changes we are undergoing today appear to be even more significant than we did then. In fact, you would have to go back to the 1920s to find an era that had as much potential for both prosperity and ruin. Unfortunately, it led to economic upheaval, genocide and war on a scale never seen before in world history. We need to do better this time around.
Panics, Pandemics and War
A Wall Street crisis that threatened the greater economy and led to sweeping legislation that reshaped government influence in the financial sector was prelude to the both 1920s…