Ideas of Globalisation: The Crisis of the 1970s (and Trump!)
Past Present Future
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The Nixon Shock and American Identity
This chapter examines the 1971 Nixon shock and its profound impact on American economic policies and public sentiment. It discusses Nixon's motivations for economic stabilization amidst rising prices and how this shift influenced political narratives of the 1970s. Additionally, the chapter explores cultural themes like automobile freedom and the societal implications of the 55 mph speed limit, connecting them to contemporary issues in governance and individualism.
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