A century ago, the "class question" -- who would control industrial profits, who would set wages, whether capitalism was even compatible with democracy -- was at the forefront of American politics, the impetus for mass uprisings, partisan warfare, and, for some, the hope of full-blown revolution. Even at the height of Social Darwinism (which, like inequality, seems to be making a comeback), industrial titans lived with an acute awareness that the poor were not altogether pleased with their lot, and that they might one day soon do something serious to change it. Today, by comparison, the inequality debate is positively polite, as if the gap between rich and poor were a minor matter to be considered by statisticians and policy-makers.
The real question of today's Gilded Age, highlighted by the comparison to its predecessor, is not why the rich became rich, or whether they behave well with their billions. It's why the rest of us seem to feel we can do so little about it.