Back in your days, things were certainly different. But I promise you, any judgement you are giving on 30-40-50 years before in your life is probably inaccurate, biased, and positively or negatively exaggerated.
It’s a good base to make a joke, not a good one to make a decision.
You can set rules for the best case scenario or you can set rules for the worst case scenario.
When you use the best case scenario as a basis, you trust that things will progress well, that people are trustworthy, that nothing terrible or horrible will happen, that “bad” is a situation that can still be managed without much pain.
When you use the worst case scenario as a basis, you look at what will go wrong, at those who will betray you or not keep their part of the deal, at principles that need to be protected, at a “good” situation that is very difficult to digest.