cross-posted from: https://lemmy.ca/post/54239937
During the Great Depression, when banks foreclosed on farms, neighbors often showed up at the auctions together.
They’d bid only a few cents, and return the land to the family that lost it. Sometimes a noose hung nearby as a warning to outsiders not to profit from someone else’s ruin.
It was rough, but it worked, communities protected each other when the system wouldn’t.
If a collapse like that happened today, do you think people would still stand together or has that kind of solidarity disappeared? Could it happen again?
Mod notice: This post is kinda in the grey area of being in breach of Rule 6, but it’s a good question with decent answers, so it gets to stay.
Stay classy.
Let it stand! I see it as more of a question of how people would react to such a disaster in modern America.
Plus rule 6 is mostly there to prevent this board from being flooded with questions about whatever annoying orange did in the past 24h
Wasn’t the Great Depression a worldwide thing?
It was but these penny auctions were mainly a US thing I think
Not really, the great depression in capital letters was almost 100% in the US.
The rest of the world had a recession, a bit tougher than normal but nothing near what happen in the US
The US Great Depression directly lead to hyperinflation in Weimar Germany which lead to the rise of National Socialism.
You are forgetting the collapse of the Weimar Republic and the rise of the Nazis.
https://www.britannica.com/event/Great-Depression
Their currency collapsed to the point, where a wheelbarrow of cash could not buy a bread.
I would say that is pretty significant.