The parallels are striking. In the last decades of the nineteenth century – the so-called “Gilded Age”— America experienced inequality on a scale it had never before seen, combining wild opulence and searing poverty.
American industry consolidated into a few giant monopolies, or trusts, headed by “robber barons” who wielded enough power to drive out competitors. A few Wall Street titans like J.P. Morgan controlled the nation’s finances.
These men used their huge wealth to rig the system. Their lackeys literally deposited stacks of money on the desks of pliant legislators, prompting the great jurist Louis Brandeis to tell America it a choice: “We may have democracy, or we may have wealth concentrated in the hands of a few, but we cannot have both.“
We face a similar choice today....
http://www.alternet.org/election-2016/robert-reich-after-vile-election-will-clinton-really-tackle-our-broken-capitalist
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