Final answer:
Morgan's critics accused him of using his influence in the government to concentrate too much power in the hands of the privileged. Whether or not Morgan had too much influence on the government is a matter of perspective.
Step-by-step explanation:
Morgan's critics accused him of using his influence in the government to concentrate too much power in the hands of the privileged. They believed that he and other financiers like him controlled the financial system and manipulated laws and regulations to benefit themselves and their associates.
Whether or not Morgan had too much influence on the government is a matter of perspective. Some argue that his actions contributed to economic instability and inequality, while others believe that he played a crucial role in maintaining stability and supporting economic growth.