.I am starting to go through the manuscript of my forthcoming book, paragraph-by-paragraph, adding in the full notes that could not make it into the print version...
I vote for 2016 and the "election" of Trump, though any time between 2008 and 2016 works. After all, we divide our own history with the election of FDR, not the failure of Hoover. Similarly, it was the failures of 2008 on which led to the fascist rise here and in Europe and 2016 is a convenient marker for that even if the timeline is slightly different in other countries (and the US more important than, say, Hungary).
Re: "The years following 2010 were to bring large system-destabilizing waves of political and cultural anger from masses of citizens, all upset in different ways and for different reasons at the failure of the system of the twentieth century to work for them as they thought that it should."
I think my mom and dad thought the system did not work for them as they thought it should. The generations who got caught by the Great Depression. Then WW2.
Me? Born in the pit of the GD. Why did the system work for me?
I think way too much is made of the 2008 financial crisis. It only seems important becasue the Fed went totally off the reservation by failing to return the economy to full employment and on-target inflation until ~2020. Yes, I know it was under attack for QE and "debasing the dollar" by Governors of Texas, Harvard professors warning about the size of the Federal debt, and other pests, but, darn it, the Fed is supposed not to pay attention to crackpots.
I vote for 2016 and the "election" of Trump, though any time between 2008 and 2016 works. After all, we divide our own history with the election of FDR, not the failure of Hoover. Similarly, it was the failures of 2008 on which led to the fascist rise here and in Europe and 2016 is a convenient marker for that even if the timeline is slightly different in other countries (and the US more important than, say, Hungary).
I vote for 2007/8 and the implosion of the Neoliberal Order
Re: "The years following 2010 were to bring large system-destabilizing waves of political and cultural anger from masses of citizens, all upset in different ways and for different reasons at the failure of the system of the twentieth century to work for them as they thought that it should."
I think my mom and dad thought the system did not work for them as they thought it should. The generations who got caught by the Great Depression. Then WW2.
Me? Born in the pit of the GD. Why did the system work for me?
I think way too much is made of the 2008 financial crisis. It only seems important becasue the Fed went totally off the reservation by failing to return the economy to full employment and on-target inflation until ~2020. Yes, I know it was under attack for QE and "debasing the dollar" by Governors of Texas, Harvard professors warning about the size of the Federal debt, and other pests, but, darn it, the Fed is supposed not to pay attention to crackpots.