The Crisis That Never Ended

[David Horn]

(03-26-2020, 09:48 PM)Warren Dew Wrote: World War Two destroyed the political and economic elites of Germany, Japan, and China.  That left plenty of room for growth that had not been there before the war.

The devastation of elites in those countries was not as complete as you seem to think.  Many on the losing side wormed their way into strong post-war positions by being the typically smarmy people they had always been.  Almost all the pre-war industrial giants survived in Japan and Germany.  The Chinese obviously had a complete change of leadership -- and they were on the winning side.