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Viola Ford Fletcher, the oldest living survivor of the 1921 Tulsa Race Massacre, has died. She was 111 years old.

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When inequality becomes impossible to ignore, nations have a choice: collapse under the weight of concentrated wealth… or rewrite the rules of the game. America has been here before. At the end of the Gilded Age, the United States was drowning in financial inequality, corporate monopolies, political corruption, and violent market crashes. But instead of breaking, the country fought back — launching one of history’s most ambitious attempts to reform capitalism from within. This video explores how America confronted the power of the robber barons, built the foundations of financial regulation, reshaped labor rights, and proved that even the most unequal economy can be forced back into balance. And as wealth concentration today reaches levels not seen in over a century, this history isn’t just a lesson — it’s a warning, and a roadmap. • At the peak of the original Gilded Age, the top 1% controlled nearly half of all U.S. wealth — a level modern America is now returning to. • The Panic of 1907 revealed the terrifying truth that one banker, J.P. Morgan, effectively controlled national liquidity, prompting the creation of the Federal Reserve. • Ida Tarbell, Upton Sinclair, and other investigative journalists were pivotal in exposing financial abuse and shifting public opinion toward reform. • Theodore Roosevelt’s antitrust crusades redefined the presidency as a counterweight to corporate power, breaking up some of the era’s largest monopolies. • The 16th Amendment introduced the federal income tax as a structural tool to contain oligarchic wealth concentration. • Modern inequality mirrors Gilded Age levels: the top 1% holds around 40% of U.S. wealth, while the bottom half owns just 2–3%. • Some states have begun rolling back child labor protections, echoing pre–Progressive Era labor conditions and underscoring the stakes of deregulation. • The story of the Progressive Era proves that capitalism is not self-correcting; it is shaped — and sometimes saved — by deliberate public action. #FinancialHistory #EconomicHistory #FinancialEducation #thefinancialhistorian #Capitalism

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https://www.youtube.com/@WW2-Hidden-Stories1?sub_confirmation=1 What Japanese Metallurgists Said When They Discovered American Steel Was 3 Times Stronger 🔔 Like, Comment and Subscribe

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YouTube video by Ken Cao

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