Wealth Inequality In The Gilded Age

1215 Words3 Pages

Déjà vu: A Comparison of Income and Wealth Inequality in the Gilded Age to Today
Thesis Statement: The conditions that gave rise to the Gilded Age in the late 1800’s are occurring again in our country at this time.
INTRODUCTION
Mark Twain and Charles Dudley Warner wrote a book that was a satire of society titled The Gilded Age: A Tale of To-Day (Twain and Warner 1873). In their book, they referred to the Gilded Age as a society with serious problems that were being coated with a golden lining. A common phrase without authorship describing the Gilded Age is “In the Gilded Age, every dark cloud had its silver lining…and every silver lining had its dark cloud.” In this paper, factors that contributed to the development of the Gilded Age will …show more content…

The United States experienced an unprecedented period of rapid industrialization. (Lee 1995). In a very short period of time, the country evolved from a primarily rural, agricultural society to an urban, industrial society. The industrial revolution required a different political structure than the agrarian society of the past. The Gilded Age was associated with corrupt governmental officials and wide inequalities. Monopolies, government corruption, and labor unrest resulted from the rapid economic growth seen during this age. The concentration of economic power brought inequalities and popular uprisings and class conflict, including an increase in violence (Turchin 2012). The reigning political parties of the federal government did not respond to the growing problems resulting from this change until pressure from populists political parties began to emerge in an attempt to address them (Mashaw …show more content…

The unhealthy living conditions in the cities was exacerbated by tremendous migration from other countries (Rome 2008). As the 20th century approached, controversy began to arise as the country struggled to assimilate the largest inflow of immigrants in the history of the United States. According to the U.S. Census Bureau, approximately 25 million immigrants entered the United States during the period between 1880 and 1924. Most of these immigrants were from new areas of immigration – eastern, southern, and central Europe. Political debates arose about the different social mores, political perspectives, and economic and social impact the arrival of these

Open Document