Similarities between the Gilded Age and Today
Technology watcher Tim Wu talked about his book, The Curse of Bigness and the similarities between the Gilded Age and events that are occurring today. He spoke about the economic factors that led to wealth inequality during that period and factors occurring currently.
Description
Technology watcher Tim Wu talked about his book, The Curse of Bigness and the similarities between the Gilded Age and events that are occurring today. He spoke about the economic factors that led to wealth inequality during that period and factors occurring currently.
Bell Ringer Assignment
- How does Mr. Wu describe the economic structure of the Gilded Age?
- What examples does Mr. Wu provide to support his claim that "our economy is also dominated by monopolies?"
- What actions were taken at the end of the Gilded Age and into the 20th Century to limit the powers of monopolies? According to Mr. Wu, how has this changed recently?
- According to Mr. Wu, what are similarities between the Gilded Age and today? Do you agree with his assessment?
Additional Resources
Participants
Vocabulary
- Anti-trust
- Communism
- Gilded Age
- Merger
- Monopoly
- Oligopoly
- Socialist
- Standard Oil
- Tech Industry
- Trust
- Wealth Inequality