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Could a New Progressive Era Be Around the Corner?
The Second Gilded Age could yield a new progressivism
Let me take you back to America as it was about 125 years ago.
- Giant, monopolistic corporations pursued profit at any cost. America’s industries were largely unregulated, and their products — along with the conditions in which they were produced — were often harmful.
- The class of unaccountable oligarchs that ran these industries disrupted established economic patterns and accumulated unspendably vast mountains of wealth.
- Politics was viciously polarized; Republicans and Democrats constantly swapped control of the country and each seemed more focused on defeating the other side than solving the nation’s problems.
- The country was undemocratic in many ways, as machine politics, undemocratic voting procedures, and voting restrictions limited the influence of Americans on their own government.
- Politics was widely believed to be corrupt; the “robber barons” had immense influence on the government, while ordinary Americans felt unheard.
- Nativist Americans, fearful that the nation they loved was transforming in ways they didn’t understand, attacked immigrants that, in their words, “were lowering the tone of… national life.”