Are the First and Second Gilded Age similar? Yes. When you consider the concentration of Power in the hands of a few.
Did you know Teddy Roosevelt and his cousin, Franklin Delano Roosevelt ended the First Gilded Age? It happened way before WWll. It happened because they weren’t afraid to rein in Big Business and truly believed in a equal opportunity, income equality and a social safety net for “We the People “.
How is the Second Gilded Age different from the First? Labor wasn’t compliant, they fought for their right to a decent wage, benefits and Unionization. There was a general strike and many died ushering in the Union Shops.
Under FDR, the Federal Government was dedicated to passing Laws establishing Workers Rights. They created the FCC, SS, SEC, FDIC, NLRB, CCC, WPA . Millions were put to work during the Great Depression.
What’s happening today? https://youtu.be/O1-iKHAylng
