Why Is Unregulated Capitalism Bad During Industrialization In The Gilded Age

279 Words2 Pages
Unregulated capitalism was a negative aspect for industrialization because of the what happened to the government and the senate and because of the wages and how unfair they were.
Unregulated Capitalism was negative during Industrialization in the Gilded Age because, monopolist had more power than the government. According to ¨The standard oil Octopus Cartoon¨ by Udo Keppler, September 7, 1904, in Puck magazine, there is a ¨squid¨ that represents industrialization, the squid has the White house and the senate under his tentacles. This shows that the squid is in control and the squid represents monopolist and monopolist control a lot of things back then.
Another reason why Unregulated Capitalism was negative during Industrialization in the