"Part of the US success was how its massive economic power intersected with the daily lives of American citizens. Other rising powers in history had seen their rise mainly benefit their elites, while ordinary people had to be satisfied with the scraps left at the table of empire. The United States changed all that. Its economic rise created a domestic consumer society that everyone could aspire to take part in, including recent immigrants and African-Americans, who were otherwise discriminated against and had little political influence. New products offered status and convenience, and the experience of modernity through goods produced by new technology defined what it meant to be American: it was about transformation, a new beginning in a country where resources and ideas fertilized each other through their abundance."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Odd Arne Westad, The Cold War: A World History, (2018)
https://en.wikiquote.org/wiki/Economy_of_the_United_States
Revision History
No revisions have been submitted for this quote.
Categories
Economy of the United States
26 quotes on TrueQuotesView all quotes by Economy of the United States →
Related Quotes
"The blood, sweat, tears, and suffering of Black people are the foundations of the wealth and power of the United Stat…"
"Solving this issue is going to require cooperation between the private sector, including rail and trucking, ports and…"
"As institutions influence behavior and incentives in real life, they forge the success or failure of nations. Individ…"
"Banks are the temples of America. This is a holy war. Our economy is our religion."
"When the economy falls over, we won’t be jellyfish. We’ll still have backbones and teeth, white teeth, and double sta…"
"Only "America," of all national designations, took on the combined force of eschatology and chauvinism. Many forms of…"
"[T]he stakes for America are never small. If our country does not lead the cause of freedom, it will not be led. If w…"
"The story of neoliberalism is quite familiar to the millions across the USA whose lives have been ravaged by the "," …"
"[T]he chief business of the American people is business. They are profoundly concerned with producing, buying, sellin…"
"The U.S. economy was organized differently from the New Deal until 1973. As incomplete, uneven, and racist as it was,…"