In the late nineteenth century, the United States witnessed a tremendous growth in wealth and corruption in government, which created great difference between the poor and the rich. Two American authors, “Mark Twain and Charles Dudley Warner, called this era of growth in prosperity and corruption The Gilded Age” (Roark Johnson, 518). During this period of time, the American economy was dominated by railroads, steel, and oil industries which were controlled by influential individuals, rather than the government. Having control over major industries only benefited the wealthy individuals, and worsen the conditions of those in lower classes. Due to the increase in competition, these industries corrupted the government and took over small businesses, …show more content…
Instead of wasting money on unnecessary objects or luxurious items, the rich should use it for public good. Carnegie was a “Scottish immigrant” (Roark 524) who worked hard to become an influential figure in the Industrial era where competition meant everything. Since Carnegie knew the value of hardship and money, he could relate to those who were victims of big private corporations. According to Carnegie, “whether the change be for good or ill, it is upon us, beyond our power to alter, and therefore, to be accepted and made the best of it” (Carnegie 53). Again, Carnegie here advices other wealthy individuals to wisely spend their money on public, even though many imperialist at the time did not agree with Carnegie. Carnegie’s sympathetic attitude towards the poor made him a hero in the eyes of many, and thus “before his death, he gave away more than $300 million most notably to public libraries” (Roark 524). Carnegie firmly believed that the condition of the poor can be improved if those in power helped them financially. Carnegie's this belief challenges the idea of social darwinism which states, “ societal progress came about as a result of relentless competition in which the strong survived and the weak died out” (Roark, 530). Although Carnegie had experienced poverty early in his life, he was still able to overcome poverty and become one of the wealthiest persons in the United States. He knew that in the long run, for the “survival of the fittest”, the weak do not necessarily have to fail if others decide to help them. To Carnegie, “a true gospel solves problems of both the rich and the
Carnegie goes to say that it is rare for rich children to not be spoiled and to work for the greater good of the general public. Although there are exceptions Carnegie believes that this is the worst way to distribute wealth. Distribution after death, this consists
Carnegie states that the problem with the administration of wealth is that it tears apart the rich and the poor in society, because the rich keep all their wealth to themselves; he says “…so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship.” The law of competition, is that where no business man lets another man be more successful in their field, he states “…but the advantages of this law are also greater still, for it is to this law that we owe our wonderful material development, which brings improved conditions in its train.” “While the law may be sometimes hard for the individual, it is best for the race,…” There are three modes of surplus wealth disposal: Left to the families of the descendants, bequeathed for public purposes, and administered during their lives by its possessors. Carnegie claims that the ‘Duty of the Man of Wealth’ is the third mode of surplus disposal.
In this composition, he addressed that the three ways for wealth to be distributed are give it to the family, use it for public service, or to administer it throughout the life of the possessor. (Wealth and Its Uses 31) He later goes on to explain that, “The only mode of producing lasting good by giving large sums of money is from the millionaire to give as close attention to its distribution during his life as he did to its acquisition” (Wealth and Its Uses 31). From all the uses that he listed, it is clear that he believed most strongly in giving large sums of money for the people. Carnegie used dedication and strategical thinking to build a fortune and use it to help others.
In the Gospel of Wealth article, Carnegie argues that the best way on helping society was to help improve people themselves. Carnegie did not believe that the rich simply give the money directly towards the poor. Instead, he wanted to set up intuitions for the poor to allow people to help there self. According to Carnegie, “ [T]he main consideration should be to help those who will help themselves; to provide part of the means by which those who desire to improve may do so...” (Carnegie, 1889).
Carnegie's business solidified the opposition however in spite of this, he trusted individuals ought to know the amount they are genuinely winning (Document 3). Carnegie realized that on the off chance that somebody didn't buckle down, they would not make the cut and get to be distinctly fruitful. Not exclusively was society enhanced by commitment to a business, however it could be enhanced by philanthropy
“What if the proper mode of administering wealth after the laws (of survival of the fittest) upon which civilization have thrown it into the hands of the few?” (Doc. B - Andrew Carnegie) Andrew Carnegie was a Scottish-American, self-made entrepreneur who from the age of 24 was motivated and well to do. He was, from the start, always trying to find ways to make money. Finally, he found out a way to make steel that was stronger, more durable, and cheaper.
“Change their minds and change the world.” is a famous line told by Wonder Woman. A huge amount of people are inspired day by day by her because of her hard work and kind heart. Andrew Carnegie may not have saved the world nor fought in world wars in his lifetime but, like Wonder Woman, he sure was a hero. Andrew Carnegie grew up poor but aspired to become someone. Like Wonder Woman he worked hard and became someone important.
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.
Andrew Carnegie could have let his employees keep their wages and worry about donations later. Taking money away to invest it somewhere else is not helping, because the people
Jessica HillisMr. GillardAP US History5 January 2007Essay 16: Gilded AgeThroughout history, certain periods of time have been given certain names based on thehappenings that occurred. Many have called the period of 1865 to 1901 the “Gilded Age”, be-cause it was “shiny and pretty” on the outside but it was “rough and ugly” underneath. The term“Gilded Age” was actually coined by Mark Twain who satired the Gilded Age with a GoldenAge.
He believed that if the wealthy don't give back some of their profits to the community, they are living a dishonorable life, and although I didn't necessarily agree with this radical viewpoint at first, I now am a firm believer in Carnegie's argument about wealth.
A monopoly man that was previously referenced, by the name of Andrew Carnegie, was seen in the economic aspect of the United States during 1877 to 1896 as an extremely wealthy man who dominated the steel industry. But more than that, he was a man who believed in giving back to the less fortunate, and he was known for his philanthropy throughout his life. His book, The Gospel of Wealth, emphasized the importance of wealthy people, like himself, to give back their money diligently to the community and reinvest in the society around them. This was not only a viewpoint he preached, but also one that he followed, which could be seen by his numerous contributions to American society, more specifically education. Carnegie helped in creating new schools, colleges, and other institutions primarily focused around education and making it easily accessible for all people, no matter their socioeconomic status.
The Gilded Age is mostly remember for the ‘boom’ in industrialism in the United States, industries such as the Oil and the Railroad ones grew in numbers and made many wealthy and some even part of history, but politics also had its role in this era. Politics during the Gilded Age (which lasted from 1870 to 1895) was something most of the United States citizen’s used as a “pastime,” a person could make a living out of politics due to corruption. During this era there were also many other factors that influenced other people to become aware of politics (which is what caused a raise in voter participation as high as 80% in 1876). Among the factors, influencing politics, the most important ones were: patronage, sectional loyalty, ethnicity, and
The Philanthropy of Andrew Carnegie Made Him a Hero “Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.” Andrew Carnegie believes that if you are fortunate enough to make a lot of money you should also be smart enough to give it back to your community and peers. Carnegie was a self-made man who was born in an attic of a little cottage in Scotland. When Carnegie was twelve he and his family packed up and moved to Pittsburgh.
Carnegie viewed philanthropy as critical for directing these inadequacies. He called on persons having the biggest fruits of the financial system to use their fortune to construct the best beneficial outcomes for the public. This would guarantee that all of humanity would gain, reducing dislikes that might eventually lead to replacement of a generous system of free originality with a little creative, one made on jealousy and