Meaning: The quote "After World War I the resentment of the working class against all that it had to suffer was directed more against Morgan, Wall Street and private capital than the government" by C. James, a journalist, reflects a significant shift in the perception of power and responsibility in the aftermath of the war. This statement points to the growing discontent among the working class, who perceived private capital and influential figures like J.P. Morgan as the primary sources of their suffering, rather than the government.

The period following World War I was marked by widespread social and economic upheaval. The war had brought about immense human suffering, loss of life, and economic devastation, leaving many individuals and families struggling to rebuild their lives. In this context, the working class bore a disproportionate burden, facing economic hardships and labor exploitation as they sought to recover from the aftermath of the conflict.

The reference to J.P. Morgan, Wall Street, and private capital reflects the growing influence of big business and finance in shaping the economic and social landscape of the time. J.P. Morgan, a prominent financier and banker, symbolized the immense power and wealth wielded by a select few individuals and institutions. Wall Street, as the epicenter of American finance, represented the concentration of capital and economic influence.

The resentment directed towards private capital and figures like J.P. Morgan underscores the perception that these entities were responsible for the economic inequalities and hardships faced by the working class. The concentration of wealth in the hands of a select few, coupled with exploitative labor practices, contributed to a sense of injustice and inequality among the working class. As a result, these entities became the focal point of discontent and frustration.

The shift in resentment away from the government is also noteworthy. Traditionally, the government had been seen as the primary target for grievances and demands for social and economic change. However, in the aftermath of World War I, the working class increasingly viewed private capital and influential financiers as more direct sources of their suffering. This shift may reflect a growing disillusionment with the government's ability to address the economic and social challenges facing the working class.

C. James, as a journalist, likely observed and reported on the changing dynamics of power and resentment in the post-war era. The quote encapsulates the shifting attitudes and perceptions of the working class towards the sources of their suffering, highlighting the growing influence of private capital and the financial elite in shaping their lived experiences.

In conclusion, the quote by C. James captures the evolving dynamics of power and resentment in the aftermath of World War I. It reflects the growing discontent of the working class towards private capital and influential figures like J.P. Morgan, symbolizing a broader shift in perceptions of responsibility for economic and social hardships. This historical context sheds light on the complex interplay of economic power, social inequality, and the changing role of the government in addressing the needs of the working class in the post-war period.