The Nostalgia Trap
Harvard Business Review
APRIL 10, 2018
For much of the 20th century, it was possible to argue that the inequities of life stemmed from the incomplete expansion of technology, industry, and the market, and would be resolved by further modernization. And in every single economic expansion in those same years, 70% to 80% of the income growth went to the bottom 90% of the population.
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