I haven't seen the Wizard of Oz since I was in first grade nor have I given it much thought until the other day when a television commentator said it had political and monetary metaphors in it.
I did some research and he is correct. It seems like Frank Baum who wrote the story in 1890 was also a political and current events writer. The character Dorothy represents the common citizen if you believe the theory.
The Tin Man is represents the industrial worker while the Scarecrow is the farmer. It doesn't stop there, not even close. The Cowardly Lion is politician William Jennings Bryan an all talk no action politician. The Wicked Witch of the East is the bankers and the Witch in the West is actually the drought.
Still more as the Yellow Brick Road represents gold or the gold standard. While the silvery slippers are the silver market. The Emerald City is green which represents the dollar and OZ is actually the abbreviation for ounce.
Finally, the man behind the curtain is simply pulling the strings after everyone followed the Yellow Brick Road through turmoil to get there.
What does this all mean? That NOTHING has changed!