Powerful wealth inequality video

[bripat9643]

Yeah, at the expense of worker safety and the environment. We had a permanent underclass,

Wrong. People made great leaps from one income class to the next. Studies show that many people how started out in the bottom quintile ended up in the top quintile, and people in the top quintile often didn't stay there for long. The Marxian concept of "classes" is entirely bogus in a capitalist economy.

"company towns" where the workers were virtual slaves,

More horseshit. These were few and far between. Most corporations setup in big cities where there were already a significant number of alternative employers. Americans were highly mobile and moved from one town to the next and one state to the next. The history of Abraham Lincoln is a classic example. The Lincoln family originally lived in Kentucky and moved to Ohio and finally ended up in Illinois

small businesses were routinely crushed by giant monopolies,

More Marxist horseshit. There were no monopolies other than those granted by state governments. They way competition works is that the companies that provide consumers with the best products grow big while the ones who produce inferior goods go out of business. That's how things are supposed to work. If things were to your liking, we'd all be driving steam power automobiles.

child labor,

Parents had a choice in before the industrial revolution of putting their children to work or watching them starve. All children on a farm work.

unfair pricing,

Yeah, charging lower prices is so unfair!

workers shot down by company thugs.

You mean union thugs who were beating up anyone who crossed their pickets and trespassed on private property got what they deserved.

The list of the "benefits" of the Gilded Age are too long to mention here.

Why on earth would anyone even THINK about returning to those days?

Liberalism didn't end those things. Capitalism did.

 

[Oldguy]

Yeah, at the expense of worker safety and the environment. We had a permanent underclass,

Wrong. People made great leaps from one income class to the next. Studies show that many people how started out in the bottom quintile ended up in the top quintile, and people in the top quintile often didn't stay there for long. The Marxian concept of "classes" is entirely bogus in a capitalist economy.

"company towns" where the workers were virtual slaves,

More horseshit. These were few and far between. Most corporations setup in big cities where there were already a significant number of alternative employers. Americans were highly mobile and moved from one town to the next and one state to the next. The history of Abraham Lincoln is a classic example. The Lincoln family originally lived in Kentucky and moved to Ohio and finally ended up in Illinois



More Marxist horseshit. There were no monopolies other than those granted by state governments. They way competition works is that the companies that provide consumers with the best products grow big while the ones who produce inferior goods go out of business. That's how things are supposed to work. If things were to your liking, we'd all be driving steam power automobiles.



Parents had a choice in before the industrial revolution of putting their children to work or watching them starve. All children on a farm work.



Yeah, charging lower prices is so unfair!

workers shot down by company thugs.

You mean union thugs who were beating up anyone who crossed their pickets and trespassed on private property got what they deserved.

The list of the "benefits" of the Gilded Age are too long to mention here.

Why on earth would anyone even THINK about returning to those days?

Liberalism didn't end those things. Capitalism did.

(shakes head)