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History of Technology 10: New Economy, New Culture 3057 Views
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Description:
Ever been to a '50s themed party or worn a poodle skirt for Halloween? We've got a lot of nostalgia about those good old days... which would be great, if those days were actually all that good.
Transcript
- 00:00
ah the US of A in the 50s. what a time to be alive!
- 00:06
everything was freedom and democracy and rock and roll! We were the good [Elvis Presley shown]
- 00:10
superpower and it was our mission to prove to the world that our way the
- 00:14
American Way was the best way. no complaints here in America we were all
- 00:18
just fine. That was the official story the face that Americans wanted to show
Full Transcript
- 00:22
to the world . But it probably comes as no surprise that that wasn't the whole
- 00:26
story. Well the story of America in the 1950s
- 00:29
was a tale of two nations. America 1 and America 2. America 1 really was rich [2 books shown]
- 00:36
and thriving, while America too was poor and struggling. America 1 assumed that
- 00:41
every American had equal opportunity to succeed, but America 2 knew better.[protestors shown]
- 00:45
during the Eisenhower era a ton of Americans achieved a level of prosperity
- 00:49
they had never known before. Many Americans who struggled through the
- 00:53
Depression in World War two finally had a chance at actually achieving the [smiling family]
- 00:57
American dream. steady jobs, shiny cars swimming pools
- 01:01
talking robot maids -and okay last one wasn't true yet - a lot of historians give
- 01:06
President Eisenhower a ton of credit for this economic boom. They like Ike because [parade shown]
- 01:10
he hit a sweet spot when it came to the economy. He found the right combination
- 01:14
of low taxes balanced budgets and public spending that allowed the economy to hum
- 01:19
along at a steady clip all of this set off a consumerism explosion, as people
- 01:24
bought lots of stuff which made more jobs for people who then had more money [vintage TV shown]
- 01:28
to buy more stuff, and the cycle went round and round. The middle class grew
- 01:33
and shiny suburbs stretched as far as the eye could see according to many
- 01:38
Americans America's prosperity after World War Two was proof that capitalism
- 01:42
and democracy were the way to go. The Soviets weren't building new housing [new house being built]
- 01:46
developments and glazing hams of the drop of a hat. No way! The Federal
- 01:50
government encouraged consumer spending to keep the economy growing and to show
- 01:54
the infallibility of capitalism. Every Sun hat and vacuum cleaner that
- 01:58
Americans bought was a punch to the gut of the Soviet Union, so yeah. Well things
- 02:04
were actually hunky-dory in America 1 but how about America 2. Something like
- 02:09
25% of the US citizens were living in poverty.
- 02:12
America 2 was easy for America 1 to ignore since it was going on in places that the
- 02:16
suburban middle-class just didn't see. For whites the second America was mostly
- 02:21
centered in depressed rural areas like the Appalachian Mountains where no [black and white mountain pictures]
- 02:25
amount of banjo music could make people forget they were dirt poor. Blacks and
- 02:30
other minorities struggled in mostly urban neighborhoods, the places
- 02:33
middle-class folks moved out to the suburbs to avoid. This made it easy to
- 02:38
ignore the ways in which segregation official and unofficial and other forms [police man talks to a woman]
- 02:42
of discrimination tracked blacks in a seemingly unbreakable cycle of poverty.
- 02:47
And there we have it. The tale of two America's. It was the best of times it
- 02:51
was the worst of times. It was the age of wisdom it was the age of foolishness. we
- 02:56
feel like we're onto something here, well someone call our publisher this could be [man speaks to camera]
- 02:59
huge.
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