While there have always been wide fluctuations in the markets -- booms and busts -- what is novel has been the system of financial rewards for key participants that evolved during the late 20th century.
Challenging the establishment is as old as history. Sometimes going out directly to the public is the avenue needed to have one's voice truly heard. When leaders and governments fail to address justice, people mobilize.
In theory an extraordinary bull market should be making Americans feel far wealthier than they felt two years ago. But in reality, the vast majority of Americans don't feel wealthier because they hold few if any shares of stock.