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3 февраля 2023 г., 00:01
The first factor was the welfare state’s spectacular rise in power. This long-term development was in large measure the result of social struggles and mobilization of the socialist and labor movements since the end of the nineteenth century. Nevertheless, it was greatly accelerated by the two world wars and the Depression following the stock
market crash of 1929—three events that in the three decades between 1914 and 1945 completely overturned the power relationships between labor and capital.
