Can We Stop the Second Gilded Age Before It’s Too Late?
America’s first Gilded Age (late 1800s) was marked by monopolies, political corruption fueled by wealthy elites, immense inequality, and anti-immigrant sentiment, mirroring current issues. Progressive reforms, including antitrust legislation, income and wealth taxes, and campaign finance restrictions, ultimately curbed these abuses. However, these reforms eroded over time, leading to a second Gilded Age characterized by similar problems. History shows that public pressure and political action can overcome such challenges, as demonstrated by the successes of the early 20th century.
John Q. Hosedrinker