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The Age of Extremes: 1914-1991. Eric Hobsbawm (1995) (p. 304)

July 25, 2013

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“Of course eventually – and very plainly in the 1980s – the working classes visibly became the victims of the new technologies; especially the unskilled and semi-skilled men and women of the mass production lines, who could most easily be replaced by automated machinery. Or rather, as the great global boom decades of the 1950s and 1960s gave way to an era of world economic difficulties in the 1970s and 1980s, industry no longer expanded at the old rate which had swelled workforces even as production became more labour-saving (see chapter 14). The economic crises of the early 1980s recreated mass unemployment for the first time in forty years, at all events in Europe.”

[op. cit., pp. 304]

Manuel J. Matos‘s insight:

This is one of the citations that makes one long for politicians that study History before taking on public service …

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