Global Production Quotes



This historical quotation shows the extremely rapid pace that the world adopted a technology once it had been mechanized—in this case: steel.


That was written in 1932. The benefits of man’s scientific and technical development had not reached all Americans or even most Americans. By the 1960s however these benefits were distributed to most Americans where the poor and middle class improved their share of the benefits of society both in terms of proportion and absolute improvement/ This increased till the Reagan administration and then slowed and really went backwards in the George W. Bush Administration.