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Technological innovation is driving the “Second Gilded Age”

Peter Josty
May 29, 2024

Thought leader Peter Josty reviews a book that argues technology-based market power and laissez faire economic policy are driving the “Second Gilded Age,” increasing income and wealth disparity.

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Other stories mentioning these organizations, people and topics

Organizations:	Apple, AT&T, BioNTech, Dupont, General Electric, Interstate Commerce Commission, Johnson and Johnson, Nortel Networks, Pfizer, Proctor and Gamble, Research in Motion, Shopify, Stanford University, and Toronto Stock Exchange
People:	Milton Friedman, Mordecai Kurz, Peter Josty, and Ronald Reagan
Topics:	consequences of technology market power for Canadian tech firms, development of electricity, economic power concentration, First Guilded Age (1880-1914), first mover advantages, income and wealth inequality, industrial dominance of certain companies, innovation and increased productivity and market power, laissez faire economic policy, limited enforcement of anti-trust laws, market value of largest tech companies in the U.S., monopoly power in the market, need for strong government policies to curb technology market power, patent protection strategies, rise of labour movement, role of technology in driving market power, Second Guilded Age (started in the 1980s), strategies to consolidate an expand market power, technological market power, and The Market Power of Technology: Understanding the Second Gilded Age (book)

Technological innovation is driving the “Second Gilded Age”

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Technological innovation is driving the “Second Gilded Age”

Events For Leaders in Science, Tech, Innovation, and Policy

Discuss and learn from those in the know at our virtual and in-person events.

Events For Leaders in
Science, Tech, Innovation, and Policy