Originally used with a negative tone, implying exploitation after the Civil War. He was labeled a carpetbagger for buying up land cheaply from those still suffering.
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Historical Usage
Rooted in history; be aware of its Civil War and Reconstruction era context. History classes help us understand the role carpetbaggers played post-war.
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Modern Implication
Used figuratively today to describe exploitative opportunists in diverse contexts. The media often cast politicians as carpetbaggers during scandalous elections.