Second Gilded Age
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Second Gilded Age
The Second Gilded Age or New Gilded Age is a proposed time period of United States history that is said to have begun between the 1980s and 2010s and continued up to the present. The Second Gilded Age is so named for its resemblance to the First Gilded Age of the 1870s to 1890s, a period marked by laissez-faire capitalism, political corruption, and wealth inequality. Historians disagree over what exact time period constitutes the Second Gilded Age, while others argue that no such period exists. Those who suggest the U.S. is in a Second Gilded Age say that it started with the implementation of neoliberal policies along with the junk bonds scandal of the 1980s, the dot-com bubble of the 1990s, the collateralized debt obligations of the 2000s, or the 1 percent of the 2010s. These proposals largely agree that wealth inequality and political corruption are as rampant as in the First Gilded Age. Others argue that race relations and civil rights comparisons are more apparent. On the oth ...
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United States History
The history of the present-day United States began in roughly 15,000 BC with the arrival of Peopling of the Americas, the first people in the Americas. In the late 15th century, European colonization of the Americas, European colonization began and wars and epidemics largely decimated Indigenous peoples of the Americas, Indigenous societies. By the 1760s, the Thirteen Colonies, then part of British America and the Kingdom of Great Britain, were established. The Southern Colonies built an agricultural system on Slavery in the United States, slave labor and Atlantic slave trade, enslaving millions from Africa. After the British victory over the Kingdom of France in the French and Indian Wars, Parliament of Great Britain, Parliament imposed a series of taxes and issued the Intolerable Acts on the colonies in 1773, which were designed to end self-governance. Tensions between the colonies and British authorities subsequently intensified, leading to the American Revolutionary War, Re ...
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William Randolph Hearst
William Randolph Hearst (; April 29, 1863 – August 14, 1951) was an American newspaper publisher and politician who developed the nation's largest newspaper chain and media company, Hearst Communications. His extravagant methods of yellow journalism in violation of Journalism ethics and standards, ethics and standards influenced the nation's popular media by emphasizing sensationalism and human-interest story, human-interest stories. Hearst entered the publishing business in 1887 with Mitchell Trubitt after being given control of ''The San Francisco Examiner'' by his wealthy father, Senator George Hearst. After moving to New York City, Hearst acquired the ''New York Journal'' and fought a bitter circulation war with Joseph Pulitzer's ''New York World''. Hearst sold papers by printing giant headlines over lurid stories featuring crime, corruption, sex, and innuendos. Hearst acquired more newspapers and created a chain that numbered nearly 30 papers in major American cities at i ...
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Donald Trump 2024 Presidential Campaign
Donald Trump, the List of presidents of the United States, 45th president of the United States (2017–2021) ran a successful campaign for the 2024 United States presidential election, 2024 U.S. presidential election. He formally announced his campaign on November 15, 2022, at Mar-a-Lago in Palm Beach, Florida, initially battling for the 2024 Republican Party presidential primaries, Republican Party's nomination. While many candidates challenged the former president for the nomination, they did not manage to amass enough support, leading Trump to a landslide victory in the 2024 Iowa Republican presidential caucuses, 2024 Iowa caucuses. On March 12, 2024, he became the Republican Party (United States), Republican Party's Presidential nominee, presumptive nominee. Trump was officially nominated on July 15 at the 2024 Republican National Convention, Republican National Convention, where he chose JD Vance, the junior United States Senate, U.S. senator from Ohio, as his vice pres ...
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Robber Baron (industrialist)
Robber baron is a term first applied by 19th century muckrakers and others as social criticism to certain wealthy, powerful, and unethical 19th-century American businessmen. The term appeared in that use as early as the August 1870 issue of ''The Atlantic Monthly'' magazine. By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth. Those practices included Exploitation of natural resources, unfettered consumption and destruction of natural resources, Crony capitalism, influencing high levels of government, wage slavery, Anti-competitive practices, squashing competition by acquiring their competitors, and to create Monopoly, monopolies and/or Trust (business), trusts that control Market (economics), the market. The term combines the sense of criminal ("robber") and illegitimate aristocracy (“baron”) in a republic.Worth Robert Miller, ''Populist cartoons: an illustrated history of the third-party movement in th ...
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Theodore Roosevelt
Theodore Roosevelt Jr. (October 27, 1858 – January 6, 1919), also known as Teddy or T.R., was the 26th president of the United States, serving from 1901 to 1909. Roosevelt previously was involved in New York (state), New York politics, including serving as the state's List of governors of New York, 33rd governor for two years. He served as the 25th Vice President of the United States, vice president under President William McKinley for six months in 1901, assuming the presidency after Assassination of William McKinley, McKinley's assassination. As president, Roosevelt emerged as a leader of the History of the Republican Party (United States), Republican Party and became a driving force for United States antitrust law, anti-trust and Progressive Era policies. A sickly child with debilitating asthma, Roosevelt overcame health problems through The Strenuous Life, a strenuous lifestyle. He was homeschooled and began a lifelong naturalist avocation before attending Harvard Colleg ...
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Politico (website)
''Politico'' (stylized in all caps), known originally as ''The Politico'', is an American political digital newspaper company founded by American banker and media executive Robert Allbritton in 2007. It covers politics and policy in the United States and internationally, with publications dedicated to politics in the U.S., European Union, United Kingdom, and Canada, among others. Primarily providing distributed news, analysis and opinion online, it also produces printed newspapers, radio, and podcasts. Its coverage focuses on topics such as the federal government, lobbying and the media. Ideologically, ''Politicos coverage has been described as centrist on American politics and Atlanticist on international politics. In 2021, ''Politico'' was acquired for reportedly over US$1 billion by Axel Springer SE, a German news publisher and media company. Axel Springer is Europe's largest newspaper publisher and had previously acquired ''Business Insider''. Unlike employees of its German ...
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Tech–industrial Complex
The expression "tech–industrial complex" describes the relationship between a country's tech industry and its influence on the concentration of wealth, censorship or manipulation of algorithms to push an agenda, spread of misinformation and disinformation via social media and artificial intelligence, and public policy. The expression is used to describe Big Tech, Silicon Valley, and the largest IT companies in the world. The term is related to the military–industrial complex, and has been used to describe the United States Armed Forces and its adoption of AI-enabled weapons systems. The expression was popularized after a warning of the relationship's detrimental effects, in the farewell address of U.S. President Joe Biden on January 15, 2025. Etymology U.S. President Joe Biden used the term in his farewell address to the Nation on January 15, 2025: Analysis The term was first used in U.S. President Joe Biden's farewell address, and alluded to Dwight D. Eisenhower's wa ...
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Oligarchy
Oligarchy (; ) is a form of government in which power rests with a small number of people. Members of this group, called oligarchs, generally hold usually hard, but sometimes soft power through nobility, fame, wealth, or education; or through corporate, religious, political, or military control. Throughout history, power structures considered to be oligarchies have often been viewed as coercive, relying on public obedience or oppression to exist. Aristotle pioneered the use of the term as meaning rule by the rich, contrasting it with aristocracy, arguing that oligarchy was a corruption of aristocracy. Types Minority rule The consolidation of power by a dominant minority, whether religious or ethnic, can be considered a form of oligarchy. Examples include South Africa during apartheid, Liberia under Americo-Liberians, the Sultanate of Zanzibar, and Rhodesia. In these cases, oligarchic rule was often tied to the legacy of colonialism. In the early 20th ...
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Joe Biden
Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who was the 46th president of the United States from 2021 to 2025. A member of the Democratic Party (United States), Democratic Party, he served as the 47th vice president of the United States, vice president from 2009 to 2017 and represented Delaware in the U.S. Senate from 1973 to 2009. Born in Scranton, Pennsylvania, Biden graduated from the University of Delaware in 1965 and the Syracuse University College of Law in 1968. He was elected to the New Castle County Council in 1970 and the 1972 United States Senate election in Delaware, U.S. Senate in 1972. US Senate career of Joe Biden, As a senator, Biden chaired the Senate United States Senate Committee on the Judiciary, Judiciary Committee and United States Senate Committee on Foreign Relations, Foreign Relations Committee. He drafted and led passage of the Violent Crime Control and Law Enforcement Act and the Violence Against Women Act. He also ...
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Joe Biden's Farewell Address
Joe Biden's farewell address was the final official speech of Joe Biden as the 46th president of the United States, delivered in the Oval Office on January 15, 2025. Background Biden served his single term as the 46th President of the United States, winning the 2020 presidential election against Republican incumbent president Donald Trump. He was inaugurated on January 20, 2021. However, Trump refused to accept his loss and attempted to overturn the election results. While in office, Biden signed the American Rescue Plan Act, Infrastructure Investment and Jobs Act, CHIPS and Science Act, and Inflation Reduction Act in response to the COVID-19 pandemic and subsequent recession. He appointed Ketanji Brown Jackson to the Supreme Court of the United States. In his foreign policy, the U.S. reentered the Paris Agreement. Biden oversaw the complete withdrawal of U.S. troops that ended the war in Afghanistan, leading to the Taliban seizing control. He responded to the Russ ...
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Super PACs
Independent expenditure-only political action committees, better known as super PACs, are a type of political action committee (PAC) in the United States. Unlike traditional PACs, super PACs are legally allowed to fundraise unlimited amounts of money from individuals or organisations for the purpose of campaign advertising; however, they are not permitted to either coordinate with or contribute directly to candidate campaigns or political parties. Super PACs are subject to the same organizational, reporting, and public disclosure requirements of traditional PACs. History Super PACs were made possible by two judicial decisions in 2010: ''Citizens United v. Federal Election Commission'' and, two months later, ''Speechnow.org v. FEC''. In ''Speechnow.org'', the federal Court of Appeals for the D.C. Circuit held that PACs that did not make contributions to candidates, parties, or other PACs could accept unlimited contributions from individuals, unions, and corporations (both for p ...
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Dark Money
In politics, particularly the politics of the United States, dark money refers to spending to influence elections, public policy, and political discourse, where the source of the money is not disclosed to the public. In the United States, some types of nonprofit organizations may spend money on campaigns without disclosing who their donors are. The most common type of dark money group is the 501(c)(4) (often called social welfare organizations).Robert MaguireHow 2014 Is Shaping Up to be the Darkest Money Election to Date OpenSecrets (April 30, 2014). Such organizations can receive unlimited donations from corporations, individuals and unions. Proponents of dark money maintain it is protected under the First Amendment, while critics complain recipients of dark money (as with any contribution) are beholden to their funders, while voters are kept in the dark about connections between donor and politician when favors are paid back. Dark money entered the politics of the United ...
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