Why do you think that was? Expectations don't just arise out of nothing. In 1974, there was more job security and less frequent layoffs.
> I'm slow so it took me a very long time to realize how ridiculous this was.
Alternatively, it wasn't originally ridiculous, but the economic conditions slowly changed to make it ridiculous.
> It's about an imbalance of power that has been going on a long time.
Of course things didn't change overnight. I never said they did.