English to Serbian Social Sciences History history of the nineteenth century

Reč je o tome da današnji istoričari smatraju da se jedan određen period ekonomskog razvoja u XIX veku ne može smatrati "Velikom depresijom", kao što su savremenici tog perioda mislili.

Historians may doubt it, but contemporaries did not. Were these intelligent, well-informed and troubled Englishmen, Frenchmen, Germans and Americans subject to a collective delusion? It would be apsurd to suppose so, even if the somewhat apocalyptic tone of some commentaries might have seemed excessive even at the time. By no means all 'thoughtful and conservative minds' shared Mr. Wells' sense of the menace of mustering of the barabarians from within, rather then as of old from without, for an attack on the whole present organization of society, and even the permanence of civilization itslef.' Still, some did, not to mention the growing body of socialists who looked forward to a collapse of capitalism under its surmountable internal contradictions which the era of depression appeared to demonstrate.