3min chapter

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What Do Healthcare Systems Owe the Working Class? with Gabe Winant

Beatrice Institute Podcast

CHAPTER

The Limits of the Gilded Age Analogy

The Gilded Age arises in the kind of first-rate orgy of capital accumulation. Our period is unequal because it's characterized by a process of expulsion, right? People who once were assigned a kind of productive role in the system are being expelled from it. And so, you know, even as the capitalist elite went on a new offensive, starting in the 1970s, and successfully brought about a massive upward redistribution of wealth and power, they did so in a different context.

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