A History of the Seventies: The political, cultural, social and economic developments that shaped the modern world

Relegated to the back bench, the Seventies are often considered as no more than a bridge between the more momentous decades of the Sixties and Eighties. However, delving into this historical period, this book asks; how significant were the Seventies in terms of political, economic and cultural developments? And, to what extent did this decade change the course of the second half of the twentieth century?

Seeking to uncover the extraordinary transformative capacity of this era, this book reveals how important events from this decade marked history for many years to come. Grounded in a ‘history of developments,’ this book investigates connections of causality or concomitant causality with events that were yet to come. The first part of this volume traces the economic, political and cultural trends that prevailed during this decade, before turning its attention to the legacies of the Seventies and the events that changed the course of history and that are still having repercussions to this day.

From the oil crisis to microwaves, this book offers an in-depth and complete look at the Seventies that will not only be of interest to historians and economists, but also sociologists and those intrigued by the evolution of political, economic and cultural
developments.

LIST OF FIGURES
LIST OF TABLES
LIST OF ACRONYMS
PREFACE
PART 1 TYPOLOGY OF THE TIME SPAN 1945-2018
1. The Seventies’ Gap
2. Transition Period
PART 2 CLIMATE OF THE SEVENTIES
PART 2.1 End of the Vietnam War
3. Vietnam
4. American Polarization of the Early Seventies
5. Further Setbacks
6. Paris Peace Accords
7. Nixon Policies
PART 2.2 Watergate
8. The Scandal
9. Consequences
PART 2.3 Financial Scandals
10. Franklin National Bank
PART 2.4 Counterculture
11. The New Left
12. Introduction to Counterculture
13. Counterculture
14. Rock Music
15. Fashion
16. Drug Issues
17. Feminism
18. Radical Feminism
19. Environmentalism
20. Alternative communes
21. The Informality of the Seventies
PART 2.5 Political Climate of the Seventies
22. Restiveness of the Early Seventies
23. The American Divide
24. The Violent International Atmosphere of the Seventies
25. Yom Kippur War
PART 2.6 The Normality of the Seventies
26. Some General Data
27. Technology and Developments
28. Deindustrialization
29. Concorde
30. 1973-Laws
31. Books
PART 3 THE NEW ECONOMIC ORDER 123
PART 3.1 The Radical Economic Transformation during the Seventies
32. Bretton Woods Agreement
33. The Nixon Shock
34. Deregulation
35. Neoliberalism
PART 3.2 1973-Oil Crisis
36. Oil Crisis
37. Some Economic Figure
38. Genesis of the Oil Shock
39. Further Considerations
40. Summing up
41. Cheap Money of the Seventies
42. Energy, Inflation and Unemployment
43. Lack of Alternative Solutions
44. Further Consequences of the 1973-Oil Crisis
45. Oil Crisis in the United States
46. Oil Crisis in Europe
PART 4 CONSEQUENCES OF THE SEVENTIES
47. The Seventies as a Momentous Decade
PART 4.1 End of the Long Boom
48. The Long Boom
49. Origins of the Long Boom
50. Baby Boom
51. The Good Life
52. Consequences of the End of the Long Boom
PART 4.2 Cold War Evolution
53. Cold War Evolution
54. Cold War II
PART 4.3 Oil and Gas Litigation
55. Oil Disputes
PART 5 CONSEQUENCES OF THE OIL CRISIS OVER DEVELOPING COUNTRIES
56. Oil Crisis and Developing Countries
PART 5.1 Ethiopia
57. Fall of the Ethiopian Empire
58. Post-Imperial Ethiopia
59. Ethiopia in the Eighties
60. Links and Further Development
PART 5.2 Bangladesh
61. 1974-Famine
PART 5.3 Chile
62. Salvador Allende
63. Alleged Foreign Meddling
64. Further Economic Factors
65. The Invisible Blockade
66. Relationship between the Nixon Shock and the 1973-Chilean Crisis
PART 5.4 Iran
67. Iran of Mohammed Mosaddegh
68. Reza Pahlavi
69. Persepolis
70. The loss of the Western Support
71. Iranian Revolution
72. Destabilizing Effects
73. Resumption of Sunni-Shia Tensions
74. Radicalization of the Mideast
75. Consequences of the Iranian Revolution for Iraq
76. Lebanese Civil War
77. Hezbollah
78. Arab Spring
PART 5.5 Egypt
79. Camp David
PART 5.6 Iraq
80. Iraqi Factionalism
81. Ascent to Power of Saddam Hussein
82. Saddam Hussein
83. Influence of the Oil Crisis on the Mideast Recent History
84. Political Background of the Iran-Iraq War
85. Iran-Iraq War
86. Outline of Future Developments
PART 6 SECOND OIL CRISIS OF THE SEVENTIES
87. 1979-Oil Crisis
88. The Mexican Crisis
89. Consequences of High Oil Prices
PART 7 SOVIET UNION BREAKUP
90. Leonid Brezhnev
91. The Soviet Crisis
92. Costs of the Intelligence Service Activities
93. Background of the Soviet Invasion of Afghanistan
94. The Soviet Invasion of Afghanistan
95. Fall of the Berlin Wall
96. Link between Oil and Soviet Crisis
PART 8 LEGACIES OF THE SEVENTIES
97. Political Radicalism
98. Boom of the Media
99. Individualism as Legacy of the Seventies
100. Political Consent as Legacy of the Seventies
101. Summing Up
CONCLUSION
NOTES
REFERENCES LIST
INDEX

Dr. Basilio Dianda has over 25 years of medical experience, yet has always been fascinated by History and History of Art. Often involved in historical debates, Dianda looked to apply his interest and curiosity for history to a work of non-fiction. A History of the Seventies is the result of this inquisitiveness. Motivated by careful and extensive research, his scientific background means he is able to offer a unique and innovative perspective to this ‘History of Developments’. Dianda has also published Political Routes to Starvation, an all-encompassing analysis of eighty famines from across the globe.

History of the second half of the 20th century, Economic transformation during the seventies, Evolution of Cultural tendencies, Counterculture, Individualism, The double spirit of the seventies, Legacies from a previous time, The 1970-oil crisis as historical breaking point, The Far Left, Origins of the power of the Media, Political pursuit of consent, The Graduate Capitalism, Second wave of feminism, Radical Feminism, Saddam Hussein, Reza Pahlavi Sha of Iran, Persepolis, Allende’s economic disaster, The fall of the Ethiopian Empire, The Bangladesh Famine