Monday, November 17, 2025

The Yellow Brick Road

Follow the Yellow Brick Road – A Guide to Inspiration, Motivation and  Melting a Witch – Steve Scott's Kindle Publishing Blog 

 From Fortune:

The Wizard of Oz remains one of the most watched American movies of all time. The staple of Christmas viewing back in the days when people sat in front of terrestrial TV, this American children’s story is all about money.

More specifically, it concerns the populist movement that fought to bring the U.S. off the Gold Standard against the backdrop of late 19th-century deflation. While most Americans see The Wizard of Oz as an innocent children’s fairy tale, the film is a highly political allegory. It is the story of class struggle and a culture war between the financial elite and the workingman, the moneyed East Coast and the rural South and West, and the established political parties and an insurrectionist movement—the Populists—that emerged in the 1890s.  In the film, we can read Oz, the evil Wizard, as the embodiment of the banking elite and also a stand-in for gold, oz being the symbol for an ounce. The Yellow Brick Road represents the Gold Standard itself, a pathway made of gold bars. Dorothy is the farmer’s daughter from Kansas, the state geographically smack in the middle of the country, representing that mythical place, middle America. The Scarecrow is the Midwestern farmer, put upon by falling prices, and the Tin Man is the industrial worker whose wages are also falling, impacted by deflation associated with the Gold Standard. The Cowardly Lion is the merged Democrat-Populist candidate in the 1896 presidential election, William Jennings Bryan.  (Read more.)

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