The Rise of a Permanent Debtor Class

We consider the strange ambiguous developments of this year, including the political paralysis in the US, the furors over mask and vaccine mandates, and most importantly, the labor reshuffle or "great resignation," in light of crises past, including the bubonic plague and World War I and World War II, which have tended to bring class conflict and upheavals of the labor regime in their wakes. We examine the classic Frank Capra Christmas movie "It's A Wonderful Life," made 75 years ago in the aftermath of World War II, as an illustration of the post-war settlement that has shaped the conditions of work and home life since that time, and finally thank the 116 patrons that currently support this podcast. Please support this podcast to hear all patron-only materials, such as "History of the United States in 100 Objects" -- www.patreon.com/user?u=5530632