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To increasing numbers of Americans, a dangerous inequality formed the rotten fruit of a system that had escaped their control. Larger and larger firms dominated the economy by the 1890s, wielding a power that seemed to match those of the governments that often enabled and abetted them. The economy produced the “dangerous classes,” the very rich and the very poor.
The Republic for Which It Stands: The United States during Reconstruction and the Gilded Age, 1865-1896 (Oxford History of the United States)
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