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Branko Milanovic — How I lost my past

Summary:
Yet it is very difficult to tell these other stories. History is written, we are told, by the victors and stories that do not fit the pattern narrative are rejected. This is especially the case, I have come to believe, in the United States that has created during the Cold War a formidable machinery of open and concealed propaganda. That machinery cannot be easily turned off. It cannot produce narratives that do not agree with the dominant one because no one would believe them or buy such books. There is an almost daily and active rewriting of history to which many people from Eastern Europe participate: some because they do have such memories, others because they force themselves (often successfully) to believe that they have such memories. Others can remain with their individual

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Yet it is very difficult to tell these other stories. History is written, we are told, by the victors and stories that do not fit the pattern narrative are rejected. This is especially the case, I have come to believe, in the United States that has created during the Cold War a formidable machinery of open and concealed propaganda. That machinery cannot be easily turned off. It cannot produce narratives that do not agree with the dominant one because no one would believe them or buy such books. There is an almost daily and active rewriting of history to which many people from Eastern Europe participate: some because they do have such memories, others because they force themselves (often successfully) to believe that they have such memories. Others can remain with their individual memories which, at their passing, will be lost. The victory shall be complete.…
Global Inequality
How I lost my past
Branko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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