After World War Two, the balance of wealth shifted dramatically: the super-rich lost so much capital during the two wars and the interwar period that their grip on power slipped, creating the space for a welfare state and other reforms. (more…)
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After World War Two, the balance of wealth shifted dramatically: the super-rich lost so much capital during the two wars and the interwar period that their grip on power slipped, creating the space for a welfare state and other reforms. (more…)