List of political epithets
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Second Gilded Age
U.S.: A term used by liberals and others to deride the (alleged) pro-corporate/supply-side policies of recent administrations, in particular the U.S. Republican Party (though many include Bill Clinton due to his support of free trade). Term is derived from the Gilded Age in the U.S. (1873-1900), when government power was widely and openly deployed to further the interests of corporations and the wealthy at the expense of the common man; when monopolies dominated trade within the U.S.; when the U.S. military was primarily used for imperialistic purposes (both abroad, and against Native Americans); when the financial markets were widely infected with graft and corruption; and when social Darwinism was widely touted as sound economic and social policy. As many Americans view the time as a backwards era (and the Progressive Movement and New Deal which followed as improvements), the term is generally viewed as a slur.
Related Topics:
Supply-side - U.S. Republican Party - Bill Clinton - Free trade - Gilded Age - Monopolies - Imperialistic - Native Americans - Financial markets - Social Darwinism - Progressive Movement - New Deal
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