[morelisp]

One thing which immediately reveals the lie in this is that it pretends the counterculture was the only thing going on in the 60s and ignores the New Left, Civil Rights movements, various arts movements, the cementing of the MIC, the rise of the PMC, etc etc. The 60s were a massive rupture and while it’s true the counterculture wasn’t the only influence its bizarre to say it didn’t really exist to any extent.

[CPLX]

And beginnings of the labor market having its back broken of course.

[morelisp]

IMO that’s concomitant with the PMC since it’s the concrete moment workers stop thinking of themselves as workers and a big paycheck is sufficient to make people class-dumb, but I know that’s a contentious view.

[cmrdporcupine]

That's more the mid-late 70s.

If you follow the long-wave (Kondratiev wave) theory of economics, the 70s was the beginning of the real "drop" while the 60s were still (relatively) boom times.

At the beginning of the downturn, there were large strike waves and dissent ... which were then, yes, broken, leading to the collapse of the socialist left wing in western countries (those parties calling themselves [or being called] socialist or social democratic now generally aren't and haven't been for a long while), and a brutal weakening of the organized labour movement.