The reforms of the sixties, however, even the ones Americans loved best and came to draw part of their national identity from, came with costs that proved staggeringly high—in money, freedom, rights, and social stability. Those costs were spread most unevenly among social classes and generations. Many Americans were left worse off by the changes. Economic inequality reached levels not seen since the age of the nineteenth-century monopolists. The scope for action conferred on society’s leaders allowed elite power to multiply steadily and, we now see, dangerously, sweeping aside not just
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