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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.

The fall of Saigon was the capture of Saigon, the capital of South Vietnam, by North Vietnam and North Vietnam-controlled Viet Cong on 30 April 1975. The event marked the end of the Vietnam War and the collapse of the South Vietnamese state, leading to a transition period and the formal reunification of Vietnam into the Socialist Republic of Vietnam under communist rule on 2 July 1976.

The People's Army of Vietnam (PAVN) and the Viet Cong, under the command of General Văn Tiến Dũng, began their final attack on Saigon on 29 April 1975, with the Army of the Republic of Vietnam (ARVN) forces commanded by General Nguyễn Văn Toàn suffering a heavy artillery bombardment. By the afternoon of the next day, the PAVN and the Viet Cong had occupied the important points of the city and raised their flag over the South Vietnamese presidential palace. (Full article...)

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Callaghan in 1975

Leonard James Callaghan, Baron Callaghan of Cardiff KG PC (/ˈkæləhæn/ KAL-ə-han; 27 March 1912 – 26 March 2005), commonly known as Jim Callaghan, was a British statesman and politician who served as Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party from 1976 to 1980. Callaghan is the only person to have held all four Great Offices of State, having also served as Chancellor of the Exchequer from 1964 to 1967, Home Secretary from 1967 to 1970 and Foreign Secretary from 1974 to 1976. He was a Member of Parliament (MP) from 1945 to 1987.

Born into a working-class family in Portsmouth, Callaghan left school early and began his career as a tax inspector, before becoming a trade union official in the 1930s. He served as a lieutenant in the Royal Navy during the Second World War. He was elected to Parliament at the 1945 election, and was regarded as being on the left wing of the Labour Party. He was appointed to the Attlee government as a parliamentary secretary in 1947, and began to move increasingly towards the right wing of the Labour Party, while maintaining his reputation as a "Keeper of the Cloth Cap" – that is, seen as maintaining close ties between Labour and the trade unions. Following Labour's defeat at the 1951 election, Callaghan increasingly became regarded as a leader of the right wing of the Labour Party, and stood for the positions of deputy leader in 1960 and for leader in 1963, but was defeated by George Brown for the former and Harold Wilson for the latter. (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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