DATELINE: 1%ers Around 1900!
Silver Dollar J.P. Morgan
Once again, the PBS series gives us an education. It’s rather painless and extremely informative with a political edge. “The Gilded Age” may not be what you think, or it may not be what PBS thinks. According to this two-hour documentary (with no re-enactors, thankfully) details the world of business and society from 1880 to the early 20th century.
That means a healthy dollop of Vanderbilts, Carnegie, and J.P.Morgan and their money-first philosophy of America’s business being business.
Gilded means there is a patina over the rot.
And, you can say that the urban blight and immigrant climb started with the Gilded Age. They wanted to have a good life, but found out it mostly came with wages, however high, or however low.
Though Americans wanted to be proud of their trade or profession, they learned through their socialist and unionist leaders that they were mere pawns for the 1% of super-rich. And, this age is when those folks started amassing power and wealth.
Andrew Carnegie tried to save his reputation with charitable works, but it was a patina over rot. And, banker and heartless monster John Pierpoint Morgan never pretended to be anything but a creep with a huge purple nose who hated the press and media. His face should be on the Morgan silver dollar.
1% wealth is with us today in spades, as billionaires think they own the world. And, perhaps they do.
You may find the injustices against hard-workers hard to take, but even by today’s standards of enlightenment, you have an army of people who hate Bernie Sanders and his message. He would have been at home during “The Gilded Age,” and that may be a sad commentary after all.