I think the risk of generalizing history as a static figure is that it erases the nature of conflict and struggle which is indicated by shifts in law & order. For example the Gilded Age gave us robber barons that rose to industrial age monopolies hoarding government contracts through monopolies before getting dropped by new antitrust laws regulating anticompetitive practices. Power got centralized into the hands of a few and then got divided by a government that expanded regulation to protect the free market. Today anticompetitive practices like Musk interfering in Verizon’s FAA contract mirror that centralization of power into private hands, and implied antitrust laws need to progress its language to meet Information Age needs so we can transition the hands holding power again.