cross-posted from: https://lemmy.ca/post/54239937
During the Great Depression, when banks foreclosed on farms, neighbors often showed up at the auctions together.
They’d bid only a few cents, and return the land to the family that lost it. Sometimes a noose hung nearby as a warning to outsiders not to profit from someone else’s ruin.
It was rough, but it worked, communities protected each other when the system wouldn’t.
If a collapse like that happened today, do you think people would still stand together or has that kind of solidarity disappeared? Could it happen again?
That isn’t true. France, for example, had to pay a larger indemnity after the Franco-Prussian war. It certainly didn’t help but blaming it all on a fairly standard post-war treaty is literally a relic of Nazi propaganda.
These events are interconnected and pretending the Great Depression didn’t affect economies world wide is revisionist nonsense.