lpetrich
Contributor
Yes, longer than the original Gilded Age.Surprising that it has gone on for so long.
I can only speculate as to why that might be the case. Peter Turchin's cycles may hold a key. Both his integrative phases have two lib-con cycles, while his disintegrative phases have two and one lib-con cycle each, the second or only con phase being a Gilded Age. So let us look at the first disintegrative phase more closely. Its second liberal phase was brief but intense, and it was provoked by overreach by the Southern plantation oligarchs. Brief? It was the shortest one, at about 8 years. Intense? It had the Civil War in it. So if the plantation oligarchs had been more politically careful, they would have avoided provoking it. But that would have led to the free-slave division producing continuing low-level strife that gets worse and worse over time.
So the oligarchs who have dominated Gilded Age II have been a little more careful.
Slaveowner domination, Civil-War-Reconstruction, and Gilded Age I together lasted for an impressive 60 years, while Gilded Age II has so far lasted 42 years.
(Russia and China and the like...)Return to progressive sanity? You must be kidding.
I'm talking about the previous liberal periods and the enduring changes that they made: Constitution, Jefferson, Jackson, Civil-War-Reconstruction, Progressive, New-Deal, Sixties. Not about orthodox Marxism-Leninism - it's a failure.