Many of us have heard the current period referred to as a second gilded age. Or we've seen the current inequality in wealth in the United States compared to that of 1929. But we have not all given sufficient thought to what ended the first gilded age, what created greater equality, what created the reality behind that category our politicians now endlessly pretend we are all in: the middle class. We have a sense of what went wrong at the turn of each century, but what went right in between?
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Published on November 30, 2012 10:00