Monday, December 23, 2019

What Led to the Collapse of Consensus - 1489 Words

WHAT LED TO THE COLLAPSE OF CONSENSUS? The 1950’s and early 1960’s was a time of consensus in the US. By the middle of the 60’s the US experienced a series of shocks which undermined consensus. The assassination of President Kennedy in Dallas in 1963. The differences in the civil rights movement. The escalation of the Vietnam War. All of these factors undermined American confidence to change the world and improve the country. By the late 60’s, US society was polarised: divided between different viewpoints: Youth culture; counter-culture, and multiculturism. The youth culture was created due to a baby boom in the 50’s and 60’s as this led to a large youth population. Most children stayed in school and university for longer. Most had†¦show more content†¦There was an increase in drunkenness and fighting. Movies were blamed, such as: Rebel without a Cause which starred James Dean. The Blackboard jungle featured rebellious students. Some blamed Rock ‘n’ Roll music. There was a fear of open revolt against society: â€Å"The gangster of tomorrow is the Elvis Presley of today†. These young people were actively working to bring down the consensus which had dominated the US for the past decade. This led to a sexual revolution. The was because of the greater freedom of the pill. The women;s movement and Supreme Court decision to make explicit books more availible. Movies also became more explicit. By the 1970’s the spreqda of benereal diseases and AIDs caused many young people to avoid casual relations. By the 80’s there an emphasis on virginity and celibacy. The dominant trends of independence, freedom, the consumer markey and wealth in youth culture remained. Pop music, fashion, smoking and drugs continued to be the expressions of youth cutlure. By now, the collaps of consensus was in full swing; the next development would be that of a counter-culture. Counter culture was the desire for an alternative. It grew because of the influence of the civlil right’s movement; the growing of the anti-war movement; the acceptance that everyone had rights. The increase on the university population from 16 million in 1960 to 25 million in 1970 helped also. Drugs had a dramatic effect. Perhaps the greatest pastor of counter-cultureShow MoreRelatedGlobal Financial Crisis : The Fall Of Lehman Brothers1250 Words   |  5 Pagescountries of the 2008 financial crisis. When the crisis escalated, a new short-term lending facility (SLF) was launched with an initial budget of $100 million to fund the economies of Brazil, Korea, Mexico and Singapore that were heavily damaged by the collapse (Truman, 2009). The creation of this program allowed these emerging economies to recover from the shock and sustain the other financial institutions in these countries. If the IMF did not adjust its borrowing arrangements, these countries may notRead MoreHow imp ortant are bees in our lives? 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