The 1920s and today both feature stark wealth inequalities, with the top 1% holding disproportionate wealth. The rural-urban divide and limited social mobility between the two financial strata were evident then and persist now.

Speculative bubbles exacerbated the social division and instability. “We’re all going to be rich!” hopefuls, but not the poor.

Reform calls, but we continue to overlook the economic rent, the glue that that might bind this terribly wide political division.

It seems we’re gluttons for punishment!