Gilded Age In The Late 19th Century

In document B, we can see an article that Carnegie himself wrote, in June of 1889, where he states “(why should a man) wait until he is dead before he becomes of much good in the world?” He shows here not only his desire to help the world before he dies, but his aspiration that others do the same. He also expresses in the same article “The man who dies rich dies disgraced.” He again here exemplifies his want for the wealthy to do good for communities with their finances. These pieces of evidence show Carnegie not only wanted to make sure he was giving back, but that other affluent people were

Andrew Carnegie and Samuel Gomper have different takes when it comes to the role that wealthy people should have in society. The two authors have opposed feelings toward the poor people being in the state of condition that they are in. Although their views are different what they are proposing in both documents can help the poor people. Carnegie’s The Gospel of Wealth focus more on what the wealthy people should do with their wealth to benefit the society.

These “ Captains of Industry “ donated to charity and helped the poor after they helped themselves. Stated by Andrew Carnegie in Wealth and Its Uses “ It will be a great mistake for the community to shoot the millionaires, for they are bees that make the most honey, and contribute most to the hive even after they have gorged themselves full. “ Carnegie is explaining that millionaires make the most honey ( money/wealth ) and contribute the most to the hive ( community ) after the millionaires are stable themselves. These businessmen also set an example on how to live and deal with wealth, also stated by Andrew Carnegie in The Gospel of Wealth “ This, then, is helf to be the duty of the man of wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance “ and “ to produce the most beneficial results for the community - the man of wealth thus becoming the mere trustee and agent for his poorer brethren.” Carnegie is explaining that men of tremendous wealth need to set an example of living for the poor and produce for the whole

Carnegie was “One of the richest men in Gilded Age America, he promoted what he called the Gospel of Wealth, the idea that those who accumulated money had an obligation to use it to promote the advancement of society. ”(Foner pg.32) This is exactly how he used his wealth to help the less fortunate. Although the Gilded age was good, there were a lot of negatives. There was a tremendous amount of “economic inequality because the state did not regulate the growth of business.

He believed that it was the rich man’s responsibility to live somewhat modestly and act as a steward with his excess wealth to help those less fortunate. This in general would benefit all of society. Carnegie had several views about wealth during this time. Carnegie’s view of wealth was that he did not understand why he was in the position to make so much money. He did not feel like he should

In the article “Wealth” Carnegie states “The duty of the man of wealth (is to) set an example of modest living; and to consider all surplus revenues… as trust funds to produce the most beneficial results for the community.” This shows the reader that he thought everyone should help people out. He also said that you shouldn’t show affection with money. Overall the message he sent was that it is what you do with your money that matters not just the fact that you have lots of it. Andrew Carnegie carried the trait of concern for others and that made him heroic.

The Gilded Age was an age of rapid economic growth. Railroads, factories, and mines were slowly popping up across the country, creating a variety of new opportunities for entrepreneurs and laborers alike. These new inventions and opportunities created “...an unprecedented accumulation of wealth” (GML, 601). But the transition of America from a small farming based nation to a powerful industrial one created a huge rift between social classes. Most people were either filthy rich or dirt poor, with workers being the latter.

The term “Gilded Age” was criticised in the 19th century from the setbacks the economy faced because tribalism was being

The similarities between modern day America and the Gilded Age are astounding. To understand why this is occurring

In this text, he makes a valid argument as to why the rich should administer their own wealth unto those with less fortune. He begins his argument by explaining how wealth has revolutionized the United States. Carnegie mentions how the Sioux chief's wigwam was similar in appearance when compared to the huts of those inferior to him, and then compares this to the differences in economic classes of the 1800s. Carnegie later states how the very definition of wealth has changed throughout the years, where the poorest farmer of the 1860s owns more luxuries than the landlord of just a few years prior. Carnegie includes these two facts because he wants to show how much society has progressed throughout the last few hundred years.

Carnegie even went so far as to publish a book on the matter, The Gospel of Wealth, which encourage other successful individuals to take up

The captains of industry believed that the poor people were inferior to the rich people. The rich were superior because they had “wisdom, experience, and the ability to administer”. The duty of a rich person was to help out a poor person which was what was said in the Gospel of Wealth. The Gospel of Wealth is about how the rich person's responsibility is philanthropy. Carnegie believes in charity work so he would donate to libraries, and universities and schools and etc.

The mid to late 19th Century, into the 20th Century, created a vacuum of opportunity for capitalists in America to dawn their influence and make a great impact on American society. With the Industrial Revolution storming full speed ahead in the United States, men like John D. Rockefeller, Cornelius Vanderbilt, Andrew Carnegie, and J.P. Morgan used their business ingenuity of ‘trusts’, ‘pools’ and other business tactics to rein supreme in their respective markets. These influences, however, were not perceived well by the lower classes, as many felt the brunt of these tactics, and ended up getting hurt, as the capitalists got richer. Thus despite the philanthropy and economic strife gained through these men, it will fall on deaf ears as their

The Gilded Age was a time of rapid social change and industrial growth in the United States. This time period, between 1865 and 1900, saw active industrialization and a large increase in new wealth. Despite its achievements, however, this era between was plagued by poverty, crime, corruption, and many other class-based issues between America’s rich and poor. Greed was at the root of these issues. Greed caused the wealthy to become selfish and resort to doing anything in order to increase their monopolies.

Wealth, poverty, technology, decadence, the Gilded Age was a time of change and uprooting of past systems, schools of thought, and standards. It was a time of both hope and doubt for the majority of the population and brought many to be empty handed or exceedingly wealthy. The dynamic between rich and poor was shifting to a gap of wealth never before seen in the young country. The gilded age’s built up wealth disparity faded away over time. Yet today it seems that a resurgence of these features is rearing its ugly head again.