Old Money New Money Great Gatsby Literary Analysis

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Old Money, New Money The 1920s were a time of intemperance, a time of great social change. From the world of politics to the world of fashion, forces collided to generate the most explosive decade of the century. The 1920s, more commonly known as the Roaring Twenties, marked the age of prohibition, the age of prosperity, and the age of downfall. The Twenties were years of change. One of the most significant changes was one in the sociology of wealth, particularly, the differences between the established aristocracy and the parvenu rich. F. Scott Fitzgerald illustrates these differences between the wealthy in The Great Gatsby. Tom and Daisy Buchanan, who both have families with long lines of wealth, live in East Egg; while Gatsby, who has made his way up the social ladder with no family background of money, lives across the bay in West Egg. F. Scott Fitzgerald illustrates the social distinctions of East Egg, bad, and West Egg, good, (“old money” and “new money”), respectively, throughout the novel, while tying in the associations of good and bad implicitly. During the 1920s, average, middle-class Americans had the prospect to acquire status and wealth in new ways. Windows of opportunity had opened in new fields of labor such as investing in the thriving stock market, holding positions in the government, being involved with the silver screen in one way or another, or the more suspicious organized crime in the black market with the bootlegging of alcohol and gambling. In the movie version of The Great Gatsby, Gatsby and Nick meet with Meyer Wolfsheim in a small, dark restaurant representing the black market. Jay Gatsby has a suspect reputation because of his associations with sketchy characters such as Meyer Wolfsheim, who is “…a gambler…who fixed the World’s Series back in 1919” (Fitzgerald 73). This is opposed to Tom and Daisy Buchanan who both come from

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