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the gilded age is seen this way because of the rise of capitalists of the time. there was arrogance in the bankers and capitalists as well as the lower class who still considered their worth by their merit to each side the other was this way. this created the main conflict of the time
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Working with other corporate buccaneers and backed by unscrupulous speculators, these tycoons of old formed giant trusts that monopolized the production and distribution of essential goods. Economic power fostered political influence. The robber barons controlled Washington, D.C, politics as well as many state and local governments. While they engaged in private gluttony, they imposed social and moral tyranny on the poor, workers and new immigrants.
The term “robber knights” was apparently first applied to Middle Ages noblemen, feudal warlords. The Times re-coined the term “robber barons” on February 9, 1859, referring to the unethical business practices of Cornelius “Commodore” Vanderbilt, a railroad magnet and one of the nation’s richest men.
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//)/ hope this helps -Tom \(\\
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