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Sad how accurate this is.
"In the years between the Civil War and the Great Depression, we also saw increasing concentrations of great wealth—at the same time as many working Americans, moving from farm to city, suffered the pain of moral dislocation and social breakdown. Crime, prostitution, and drunkenness ran then at least as rampant as the analogous ills run today.
And in those days too, there existed writers and thinkers who insisted that these trends represented the necessary consequences of ineluctable social consequences. Murray's claim that the "reality that has driven the formation of the new upper class [is that] brains have become much more valuable in the marketplace" has its almost exactly precise analogues in the writings of Social Darwinists like William Graham Sumner.
There was however at least one hugely important difference between those days and our own. Back then, the lower class, rather than sink meekly into its immiseration, periodically erupted in violent strikes and riots. American labor relations in the period from 1880 through 1920 were the most violent on earth. In 1901, an anarchist murdered President McKinley; in 1919-20, a bloody wave of bombings culminated in an explosion on Wall Street that killed that killed 38 people and wounded 400 more."
This probably violates Wonkerules.