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You're a 26 year old in 1926. You're part of what history would later call the Greatest Generation. You will suffer through both the Great Depression and World War II. Perhaps due to those experiences, you will be the only generation that votes more left as you age.

I read Sinclair Lewis' Babbit last year and it was kind of depressing how little has changed since 1922. The political climate (at least as portrayed in the novel) seemed eerily similar to now. Maybe we continually go through oscillations.

So, we're about to have Great Depression 2 and WW3? Fun.

Great article. Just reminds me of how much societies resemble a pendulum; swinging from one extreme to the other. And of course you have the problem that some people want to freeze it mid-swing, or worse tear the damn thing down completely.

Still reading the article but it reminds me that I need to watch Metropolis now, I think it came out in 1928 or so.

yeah but America 1926 didn't have a billion dollars a day being extracted from the economy by a totally useless war (that is going to start again in 60 days)

or a President extracting billions from his own government for a plane, golf, inexplicable illegal destruction and renovations to national sites

the government was also not purposely imploding academia, science and medicine

there are also now over a THOUSAND billionaires "silo-ing" their wealth, barely paying any taxes and trying to eliminate the cost of employing anybody

we cannot recover this decade, maybe not even next century, and that assumes this horror show doesn't have a "part 2"

I an a completely unabashed leftist who has been "radicalized" (if you call free school lunches "radical", which apparently it is in modern America) by seeing the rapidly accelerating wealth and income inequality since 2008. I mean it really kciked off in the 1970s but the effects post-2008 became impossible to ignore.

In the spirit of all models are wroong but some models are useful and that generational politics is overly reductive (which it is), I still see the Millenials as the new Lost Generation. The original Lost Generation were born 1883 to 1900. They came of age in the devastation of WW1 and the Spanish flu. What happened after 2008 was that all the entry-level jobs disappeared. Millenials had taken and continued to take on massive student debt and otherwise "do the right thing" yet found there were limited opportunities at the end of that pipeline. Baby boomers still had a stranglehold on academic and they both refused to quit or die (something which is still true). This is where the trope of the college educated millenial barista came from.

Obama's presidency was a massive lost opportunity to correct some of this. It directly led to Trump being elected (over Hilary "more of the same" Clinton). Trump, for all his many, many faults, talked to the rising anger in young people at the lack of opportunity, the possibility that they'd never own a house or have a good-paying job or they'd have a family. The disillusionment and anger has only grown.

So, as a leftist, the irony is that I get shit on constantly for essentially trying to preserve the current system by those people who like the current system but are contributing towards us bouldering towards war and revolution. Because those are the ultimate form of wealth redistribution [1] and become increasingly inevitable as material conditions worsen.

Even more ironic, many of those same people fetishize the 1950s where the top marginal tax rate was 91%, the CEO-to-median-wage ratio was a fraction of what it is now and the corporate tax rate was 40-50%. But then came along the likes of McKinsey who justified greed witht he patina of executives being "underpaid" [2] and then the social destruction of Nixon, Reagan and Clinton.

It took FDR in the 1930s to repair the damage of 1920s pro-business slavishness of Coolidge and Mellon. And let's not forget there was an attempted coup in 1933 [3]. But you see the same messages (as the author notes) in the 1920s of lower taxes, destroying unions and being pro-big business. Sound familiar?

[1]: https://news.stanford.edu/stories/2017/01/stanford-historian...

[2]: https://observer.com/2013/08/the-godfather-of-ceo-megapay-mc...

[3]: https://en.wikipedia.org/wiki/Business_Plot

No offense but outside of money does the US have anything going for it?