Our thirst for commemoration and the passion for historical analogies lead us to draw the parallel between the 1920s and the 2020s. Just a century ago, after the bloodletting of the First World War 1914-1918, crowned by the epidemic of "Spanish flu" followed ten years of breathtaking prosperity like the West had never known.
The second industrial revolution, of electricity and the internal combustion engine, then upset living conditions, all accompanied by stock market exuberance (stopped dead by the crash of 1929), against a backdrop of extreme social tensions.
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The comparison is tempting, between what has been called the
roaring twenties
- “roaring 1920s”, the Roaring Twenties in French - and our time.
Under the shock of a historic pandemic, we too are living an industrial revolution, that of digital technology and biotechnologies, and these “disruptive” innovations are once again provoking an unequal capitalist frenzy.
"Creative destruction",
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