This normative change was temporarily disrupted by the Red Scare of the 1920s, but the utter devastation of the Great Depression gave renewed force to the ideals of social solidarity instead of naked individualism, even among Republicans like Herbert Hoover.120 The widely shared sacrifices of World War II strongly reinforced egalitarian norms among the Greatest Generation, who would then dominate American society and politics for a quarter century after the war. Executive compensation during that period was undoubtedly held in check by norms of fairness and decorum and what we might call the
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