The business owners had more power than the politicians. Railroads were a hung impact on the United States, it provided faster mobility and hundreds of jobs. In the Gilded Age was when everything went corrupt. The business people were paying off the people in the government to get favors from them. “Gilded” otherwise meant shiny on the outside but not so shiny on the out.
The 1920’s were a very exciting and well remembered time era for the changes the way sports are played today. During this time period watching as well as playing sports became much more popular as a method of relaxation or a way to spend some free time having fun, just as it is today. Babe Ruth’s outstanding skill and dedication changed the game of ball since people of all races and colors would watch his games, and was a huge role model to many young kids, giving them a dream to someday become a great player just like him. Babe Ruth’s record setting performances brought a whole new social life to people in the 20’s. People of all ethnicities would flock to games just to see Babe swing a bat, bringing a whole new social life to baseball.
These laws that have been created is beneficial to the rich. The ones responsible creating these policies are the ones who want the lower class to suffer to gain money. Peace is granted to the upper class because of the power they have ignoring the poor. The state needs wealthy allies to become powerful and richer which the laws that are created limit the poor having no access to
Lou Gehrig once said, “I love to win; but I love to lose almost as much. I love the thrill of victory, and I also love the challenge of defeat.” Lou gehrig was not a speech giver, he was a top class athlete that was not afraid of defeat. He used defeat to his advantage instead of mourning over it. He was not a speech giver or speech writer but he was almost as good at it as he was good at baseball. The speech he delivered to a sold out Yankees Stadium full of fans for his farewell was one of the best short speeches ever given in my opinion.
In addition with such the rising of industrial the citites grew which lead to immigiration and also the creation of the hull house. The life in the 19th-century for labor worker was from far easy. With all the wealth being generateing during the Gilded age very little of its wealth were given to the wokers. Even the best wages for a industrial worker were low, with long hours, working in awfully poor conditions. With safety rules and regulations being unexisted, it was hard to blame employers responsible.
In the 1800’s an almost pure capitalist country was being controlled, bribed, and powered by Robber Barons which employed most of their population in an unmonitored economy. During the late 19th century these Robber Barons were in control of most citizen’s salary. In order to increase profits many factories paid their workers a decent wage so their employees could afford their products. That was the United States. Again a similar problem is arising.Although the American economy is improving from the great recession , the middle class is shrinking, a problem for a consumerist based economy where the middle class makes up the consumerists.
However, the Gilded Age is called so for a reason - underneath the shiny gold exterior was a dull, hard existence for those who were not at the top. Industrialization in America between 1865 and 1900 completely modernized America; however, it came at the cost of nearly everyone who was not at the top of the big business hierarchy, especially the poor.
In recent years large companies have also been paying their workers higher wages. And the more profit a company makes the more it benefits the economy. “Americans think the U.S. economy benefits when big businesses or small businesses make a profit, although, by 84% to 64%, more consider small-business profits helpful”(Saad). Although those are some supporting facts for large businesses in America, they are too powerful and too rich. In the past and even in present time large companies generally hurt their consumers and workers.
Neoliberalism is the main cause of the difference between the rich and the poor in the states. It expanded the market efficiency by competitions between individuals, raised a gap between the rich and the poor. Rich people are becoming much richer based on their original properties while poor people are becoming poorer and suffer great economic problems in their lives. This does not only happen between individuals but also between companies. The unemployment rate increased because of neoliberalism.
As the rich gets richer because he is living a rich life and the poor gets poorer because he is living in poverty. Poverty has numerous causes and some of them are very basic. A few experts suggest that poverty is caused due to lack of sufficient employment opportunities and lack of sufficient food . The basic factors that may result in poverty are: insufficient education and employment opportunities, overpopulation, inability to meet standard of living and cost of living,certain economic and demographic drifts, the unequal distribution of assets in the worldwide economy, welfare incentives and environmental
Although many citizens viewed capitalists as “Captains of Industry,” they can also, just as easily, be seen as “Robber Barons.” Even though railroads were beneficial to society, they were not without corruption, as shown by the Credit Mobilier scandal. This was a railroad company that paid itself huge sums of money for small railroad construction. In fact, it received twenty-three million dollars in profit. Moreover, the railroad industry could be seen as completely insincere and dishonest because of its monopoles. Another broader view of industry was that the poor was becoming more impoverished and the rich were gaining more fame.