I just want to say one thing about the '70s. Enough with this purer, "It was a better time," business. Every time is about as polluted and needy and beautiful as most other times. I was around in the '70s, and people were just as ambitious and envious and filled with need and desire as they are today.
Many things happened in the sixties, but the period is no more significant, better, or more 'political' than today. It's time to turn the page.
Abstract Expressionism - the first American movement to have a worldwide influence - was remarkably short-lived: It heated up after World War II and was all but done for by 1960 (although visit any art school today and you'll find a would-be Willem de Kooning).
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