Corruption. Class wars. Technological splendor. The dawn of a new age of business and government. Rockefeller and Carnegie. The Gilded Age in America—roughly the 1870s through the early 1900s—was one of the most fascinating and misunderstood eras in our history. It seems like every week, news organizations claim that the U.S. is in a new Gilded Age. But what does that mean? What was the Gilded Age?

Today’s guest is Richard White, award-winning historian and author of ‘The Republic for Which It Stands,’ a mammoth history of America between the end of the Civil War and the end of the 19th century. We talk about how corruption and monopoly and power worked during that period. We talk about Rockefeller and Carnegie and Morgan, and how these giants typified the era with their business genius and their thin sense of morality. We talk about how the monopolies of this era used the government, and the government used these monopolies. And we talk about how the movements that emerged from the Gilded Age invented the modern world.

If you have questions, observations, or ideas for future episodes, email us at [email protected].

Host: Derek Thompson

Guest: Richard White

Producer: Devon Baroldi

P.S. If you live in Seattle, Atlanta, or the Raleigh-Durham-Chapel Hill area, Derek is coming your way in March! See him live at book events in your city. Tickets here!

Learn more about your ad choices. Visit podcastchoices.com/adchoices