
Lessons From The Gilded Age
President Joe Biden has warned Americans in his outgoing speech about the dangers of the oligarchies in America today and the parallels with the Gilded Age and their Robber Barons. President Hoover was in charge back then and his administration was about to usher in the Great Depression. Lessons from the Gilded Age and what it can teach us today. Early in the 20C, a number of great things were built in America and the Gilded Age is often remembered for them. Interestingly, it was a high tech time back then too with the telephone, typewriter, gramophone, and Kodak camera coming into being. It was gilded by the gold trim on the mega mansions being built for the oligarchs of the day. Steel and railway oligarchs with vast fortunes directing the American economy via their wheeling and dealing.
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