The History of Capitalism

After the Great Depression, there were new regulations introduced and this combined with progressive social welfare policies helped lead the United States towards the titanic growth of the post-war years. Americans saw a 40 or so year long period where the standard of living and the average amount of like wealth held per person increased it a pretty dramatic and extremely consistent rate. In 1943, Johnson & Johnson's CEO authored a company, Credo, that spoke to a lot of people in big business in the United States. He argued that the company's first responsibility was to its customers, its second was to its employees, who he said deserved a sense of security with short working hours and fair wages. Its next duty was