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Portal:1970s

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The 1970s Portal

Clockwise from top left: U.S. President Richard Nixon doing the V for Victory sign after his resignation from office following the Watergate scandal in 1974; The United States was still involved in the Vietnam War in the early decade. The New York Times leaked information regarding the nation's involvement in the war. Political pressure led to America's withdrawal from the war in 1973, and the Fall of Saigon in 1975 leading to evacuations of South Vietnamese that same year; the 1973 oil crisis causes a financial crisis throughout the developed world; both the leaders of Israel and Egypt shake hands after the signing of the Camp David Accords in 1978; in 1971, the Pakistan Armed Forces commits the 1971 Bangladesh genocide to curb independence movements in East Pakistan, killing 300,000 to 3,000,000 people; this consequently leads to the Bangladesh Liberation War; the 1970 Bhola cyclone kills an estimated 500,000 people in the densely populated Ganges Delta region of East Pakistan in November 1970, and became the deadliest natural disaster in 40 years; the Iranian Revolution of 1979 ousts Mohammad Reza Pahlavi who is later replaced by an Islamic theocracy led by Ayatollah Khomeini; the popularity of the disco music genre and subculture peaks during the mid-to-late 1970s.

The 1970s (pronounced "nineteen-seventies"; commonly shortened to the "Seventies" or the "'70s") was a decade that began on January 1, 1970, and ended on December 31, 1979.

In the 21st century, historians have increasingly portrayed the 1970s as a "pivot of change" in world history, focusing especially on the economic upheavals[1] that followed the end of the postwar economic boom.[2] On a global scale, it was characterized by frequent coups, domestic conflicts and civil wars, and various political upheavals and armed conflicts which arose from or were related to decolonization, and the global struggle between NATO, the Warsaw Pact, and the Non-Aligned Movement. Many regions had periods of high-intensity conflict, notably Southeast Asia, the Mideast, and Africa.

In the Western world, social progressive values that began in the 1960s, such as increasing political awareness and economic liberty of women, continued to grow. In the United Kingdom, the 1979 election resulted in the victory of its Conservative leader Margaret Thatcher, the first female British Prime Minister. Industrialized countries experienced an economic recession due to an oil crisis caused by oil embargoes by the Organization of Arab Petroleum Exporting Countries. The crisis saw the first instance of stagflation which began a political and economic trend of the replacement of Keynesian economic theory with neoliberal economic theory, with the first neoliberal government coming to power with the 1973 Chilean coup d'état. The 1970s was also an era of great technological and scientific advances; since the appearance of the first commercial microprocessor, the Intel 4004 in 1971, the decade was characterised by a profound transformation of computing units – by then rudimentary, spacious machines – into the realm of portability and home accessibility.

On the other hand, there were also great advances in fields such as physics, which saw the consolidation of quantum field theory at the end of the decade, mainly thanks to the confirmation of the existence of quarks and the detection of the first gauge bosons in addition to the photon, the Z boson and the gluon, part of what was christened in 1975 as the Standard Model.

In Asia, the People's Republic of China's international relations changed significantly following its recognition by the United Nations, the death of Mao Zedong and the beginning of market liberalization by Mao's successors. Despite facing an oil crisis due to the OPEC embargo, the economy of Japan witnessed a large boom in this period, overtaking the economy of West Germany to become the second-largest in the world.[3] The United States withdrew its military forces from the Vietnam War. In 1979, the Soviet Union invaded Afghanistan, which led to the Soviet–Afghan War.

The 1970s saw an initial increase in violence in the Middle East as Egypt and Syria declared war on Israel, but in the late 1970s, the situation in the Middle East was fundamentally altered when Egypt signed the Egyptian–Israeli Peace Treaty. Political tensions in Iran exploded with the Iranian Revolution in 1979, which overthrew the Pahlavi dynasty and established an Islamic republic under the leadership of Ayatollah Khomeini.

One of the variants of the Atari "Fuji" logo

Atari (/əˈtɑːri/) is a brand name that has been owned by several entities since its inception in 1972. It is currently owned by French holding company Atari SA (formerly Infogrames). The original Atari, Inc., founded in Sunnyvale, California, United States in 1972 by Nolan Bushnell and Ted Dabney, was a pioneer in arcade games, home video game consoles, and home computers. The company's products, such as Pong and the Atari 2600, helped define the electronic entertainment industry from the 1970s to the mid-1980s.

In 1984, as a result of the video game crash of 1983, the assets of the home console and computer divisions of the original Atari Inc. were sold off to Jack Tramiel's Tramel Technology Ltd., which then renamed itself to Atari Corporation, while the remaining part of Atari, Inc. was renamed Atari Games Inc. In early 1985, Warner established a new corporation jointly with Namco subsequently named Atari Games Corporation, which took control of Atari's coin-operated games division. The rights to Atari, Inc.'s game properties were shared between the two companies: Atari Corporation receiving the trademarks and the home rights, while Atari Games receiving the rights to use the logo and brand name with appended text "Games" on arcade products. In 1996, Atari Corporation reverse-merged with disk-drive manufacturer JT Storage (JTS) and effectively perished. In 1998, Hasbro Interactive, part of the toy company Hasbro, acquired all Atari Corporation–related properties from JTS, as part of a subsidiary which it then renamed to Atari Interactive. Meanwhile, Atari Games was acquired by Midway Games in 1996, and effectively retired the Atari name on arcades by 2000 to avoid public confusion with Hasbro's Atari home releases. (Full article...)

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Official portrait, 1978

James Earl Carter Jr. (born October 1, 1924) is an American former politician and humanitarian who served as the 39th president of the United States from 1977 to 1981. A member of the Democratic Party, he served from 1963 to 1967 in the Georgia State Senate and from 1971 to 1975 as the 76th governor of Georgia. Carter is the longest-lived president in U.S. history and the first to live to 100 years of age.

Carter was born and raised in Plains, Georgia. He graduated from the U.S. Naval Academy in 1946 and joined the U.S. Navy's submarine service. Carter returned home after his military service and revived his family's peanut-growing business. Opposing racial segregation, Carter supported the growing civil rights movement, and became an activist within the Democratic Party. He served in the Georgia State Senate from 1963 to 1967 and then as Governor of Georgia from 1971 to 1975. As a dark-horse candidate not well known outside Georgia, Carter won the Democratic nomination and narrowly defeated the incumbent president, Gerald Ford of the Republican Party, in the 1976 presidential election. (Full article...)

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Sources

  1. ^ Howard Brick, "Review", American Historical Review (2012) 117#5 p 1537
  2. ^ Marglin, Stephen A.; Schor, Juliet B. (1992). Golden Age of Capitalism: Reinterpreting the Postwar Experience – Oxford Scholarship. doi:10.1093/acprof:oso/9780198287414.001.0001. ISBN 9780198287414.
  3. ^ Hays, Jeffrey (August 2012). "Economic History of Japan in the 1970a and 80s". Facts and Details. Archived from the original on 2012-05-19. Retrieved 2012-12-02.
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