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> Was there some hidden sector of society that suffered considerably more then now?

The common theory I've heard is that the rest of the developed world was still recovering from WW2.

That is a common explanation, but it kinda implies the world just sat on its hands for 20 years after WWII. I suspect it's just a distraction from the high tax rates and relatively progressive policy at the time, to instead say "it can't happen again".

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