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    Home»Growth»5 lessons about capitalism from ‘The Gilded Age’
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    5 lessons about capitalism from ‘The Gilded Age’

    spicycreatortips_18q76aBy spicycreatortips_18q76aAugust 9, 2025No Comments6 Mins Read
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    5 lessons about capitalism from ‘The Gilded Age’
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    Historic interval dramas usually are not solely extremely entertaining but in addition can function greater metaphors for contemporary audiences. Wrapped up within the elaborate costumes and stylized language, there are classes to be realized.

    So it’s with Julian Fellowes’s HBO collection The Gilded Age, which has a lot to say in regards to the complexities of innovation and capitalism. The collection has been scoring document scores forward of its much-anticipated Season 3 finale, which airs August 10.

    Let’s check out what all of the fuss is about. Should you’re not updated on the collection, beware: There are spoilers forward!

    First, some background

    Earlier than we get into the {dollars} and cents of all of it, right here’s a fast refresher. The Gilded Age premiered in January 2022 on HBO regardless of being slated to air on NBC initially.

    The plot follows Marian Brook (performed by Louisa Jacobson), a newly orphaned younger grownup who’s pressured to maneuver in together with her old-monied aunts in New York Metropolis in 1882.

    Residing throughout the road from her new residence are railroad magnate George Russell (Morgan Spector); his spouse, Bertha (Carrie Coon); and their two younger grownup youngsters, Larry (Harry Richardson) and Gladys (Taissa Farmiga), who’re appeared down upon due to their “new cash” standing.

    The title of the present refers back to the time interval wherein it’s set. Mark Twain and Charles Dudley Warner are credited for naming this second in historical past of their e book The Gilded Age: A Story of At this time. These authors’ social commentary remarked that the interval appeared stunning nevertheless it was all only a patina or facade constructed on an ethically questionable basis. So what can audiences study right here?

    Capitalism wants regulation

    Whereas George Russell is a fictional character, he has historic precedent within the likes of Jay Gould and Cornelius Vanderbilt.

    George made his fortune by being a ruthless railroad tycoon. When the outdated guard doesn’t settle for his authority, he muscle groups his approach in. In Season 1 he manipulates the inventory market, inflicting Patrick Morris (Michael Gill), a metropolis alderman, to lose his fortune and take his personal life.

    George isn’t afraid to stress politicians to realize his targets of railroad enlargement. He threatens to tug his enterprise from the representatives’ districts, and presents bribes and political favors. He bullies complete cities by promising to bypass sure cities if his calls for usually are not met. George doesn’t care in regards to the human impression of his enterprise dealings.

    Audiences are proven a softer facet of the robber baron in Season 2 when he agrees to barter with hanging railroad employees, however even then George makes certain the ultimate deal favors his pursuits as a substitute of the working class.

    In the end, the character serves as a cautionary story, warning in opposition to unchecked capitalism (although final week’s cliffhanger suggests we might even see him have a change of coronary heart).

    It’s lonely on the high

    Jack Trotter (Ben Ahlers) works as a footman within the Van Rhijn family. On the facet, he labors to invent a dependable alarm clock and in the end sells it with Larry Russell for $600,000.

    In a single day, Jack’s complete life adjustments. His take is price round $9.5 million in in the present day’s {dollars}, in line with Vulture.

    Whereas this achievement offers Jack choices, he’s pressured to go away the one residence he’s ever identified. He’s now a person who doesn’t slot in wherever, straddling the world of aristocracy and his former working-class roots. It’s fascinating to ponder whether or not or not cash purchased Jack happiness.

    Cash opens doorways

    Bertha Russell is an formidable lady who spends a lot of the collection decided to win the approval of society’s most elite circles. Her wealth will get her within the door, nevertheless it doesn’t purchase her instant acceptance.

    Bertha is snubbed by the Van Rhijns and Mrs. Astor (Donna Murphy), denied a field on the opera, and gossiped about relentlessly. Ultimately, she makes her personal mark in society—as a result of all cash talks, even when it’s new.

    There can be ups and downs

    Capitalism is unstable, as skilled by lots of the characters in The Gilded Age. This contains Oscar van Rhijn (Blake Ritson), who was born to privilege however loses all of it with one dangerous actual property funding. Fortunately, his Aunt Agnes (Christine Baranski) reluctantly saves the day.

    Ditto for Mr. Collyer (Michael Cerveris), who was as soon as a profitable banker. When he loses his cash, his father-in-law will get him to conform to divorce his spouse and abandon his little one. He modifies his identify to Watson and finds employment within the Russell family as a valet.

    The Russell household fortune relies on the railroad business. As a result of that is new expertise within the Nineteenth century, it may be a extremely speculative enterprise. When income are king, entrepreneurs like George Russell run the fixed threat of changing into over-leveraged, having to defend their wealth in morally questionable methods, and possibly even shedding all of it.

    The newest season of The Gilded Age focuses partly on the real-life panic of 1893, which “threatened the solvency of all the banking system,” in line with Federal Reserve Historical past.

    New industries change society

    The railroad was a disrupting power in Nineteenth-century America, analogous to the trendy tech business. Trains not solely modified how folks traveled but in addition how merchandise had been distributed and wealth was made.

    Nowadays, Silicon Valley tech entrepreneurs like Mark Zuckerberg and Jeff Bezos essentially shift society with entities akin to Fb, Instagram, and Amazon. Just like the Russell household, additionally they have amassed huge wealth, and so they exert their energy throughout enterprise, tradition, politics, and philanthropy.

    If George Russell had been alive in the present day, he is likely to be ushering within the newest model of ChatGPT as a substitute of constructing a brand new rail line. Oscar van Rhijn might need misplaced his fortune on crypto or NFTs.

    Whereas the ultimate phrase would possibly lie in future episodes, The Gilded Age doesn’t absolutely condemn or endorse capitalism. It holds a mirror as much as human nature and lets the viewers draw its personal conclusions, through petticoats and high hats.

    Age capitalism Gilded lessons
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