The Gilded Age is recognized as an era of economic improvement. A period of time where great changes were made. From technology improvements to political corruption, to more job opportunities to unfair wages for immigrant laborers. There was an expansion of cities and new ways of transportation that were developed, for example the big railroad. These advances were meant to help people of all social levels, from business men to farmers. Unfortunately this era was far from being a better place for everyone, unlike wealthy people who had the power and control of the economy of the country. The era where new communities that immigrated to be part of the new America looking for acceptance, but ended segregated from that quality life they wanted. In this paper we will analyze a collection of testimonials of people who lived through that era, the good things that came with it and …show more content…
Andrew Carnegie was the founder of the largest steel company. Carnegie grew in a poor community but then migrated to Western Pennsylvania just to completely make a change in his life and later on being recognized as one of the wealthiest people in that era. In Carnegie’s testimonial, The Gospel of Wealth, we can observe his way of thinking in regards of the benefits farmers got from the rich people. Carnegie said that “Today the world obtains commodities of excellent quality at prices which even the preceding generation would have deemed incredible…” (Carnegie). He explained that there is no reason for others to criticize the privileges rich people get in comparison to those farmers get being that, farmers and poor people have now better opportunities than they had before, “The poor enjoy what the rich could not before afford.”(Carnegie). Carnegie was a strong believer of America as a united nation, as a country of better opportunities for both the rich and poor
Additionally, Carnegie teaches us important life lessons from his past experiences. For instance, he believes that if a man works constantly, he will not “win the race” (Nasaw 341). Rather, the man that will rise to higher positions is the man that manages and spends his time wisely by working and having fun at the same time (Nasaw 341). Carnegie took on himself the task of educating the public on economic matters. Carnegie argued that the two standard values (Silver and Gold) used in “civilized countries” would ruin the prosperity of the nation because silver is worth less than gold.
He is trying to benefit himself more than the economy, meaning that Andrew Carnegie was more of a Robber Baron than a Captain of Industry. To end, Andrew Carnegie may have revolutionized America’s steel production, but the way he did that forces us to believe that he was more of a Robber Baron than a Captain of
According to Andrew Carnegie, men of wealth should have to provide for the less fortunate and should set a good example. The men have to provide all the necessities for his family. Also the men of wealth had to give back to the community.
“The Gospel of Wealth” is an article written by Andrew Carnegie. Carnegie was well known for his role in transforming the American Steel industry in the late nineteenth century. Carnegie was born in 1835 to Scottish immigrants. He was able to control the steel industry by not only owning the factories, but also owned the land with iron deposits, he also owned the boats and the trains which the raw materials were transported on, which is known as vertical integration. After creating a large fortune in the steel industry, Carnegie, sold his company and decided to focus on philanthropy.
Gilded age 1878-1889 was the age of fast growth of industry and immigrants in America history. The production of steel and iron rose radically than other time. In contrast, the Western resources increased such as silver,lumber, and gold. As well as the transportation also improved. Railroad develop and move goods from resources rich west to east.
Did you know Andrew Carnegie earned $92,000 everyday while his workers earned a measly $1.50? Andrew Carnegie grew up poor. At twelve he left school and began working to help support his family. He worked 12 hour days for $1.20 a week at a textile mill. He then began delivering telegrams for $4 a week.
Andrew Carnegie, the richest American of his era, wrote a document named Wealth in 1889. In this document, Andrew Carnegie addressed the well-educated and richest businessmen of society of that point in time. As the leading industrialist, Andrew Carnegie knew about industrial workers issues and hardship they faced for not being able to afford for their families. In this document he is suggesting that wealthy businessmen use their wealth to serve the common man.
The Gospel of Wealth Andrew Carnegie was an author back in the late 1800’s. He was very stern and opinionated when it came to making sure that what he believed in was heard. He became well known after he began writing The Gospel of Wealth. The Gospel of Wealth was a book that he created for that the people of wealth should consider all revenues in excess of their own needs to be “trust funds” used for the good of the community (Brinkley, 2014, p. 408). Why would he include in the title of the book the words “The Gospel”?
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).
Andrew Carnegie helped in the expansion of the steel industry. He built Pittsburgh’s Carnegie Steel Company, and then sold it to J.P. Morgan for $480 million. As a result of selling the company, the U.S. Steel Corporation was created. Being that he was very affluent, he donated a great deal of his money to charities. Carnegie also dedicated his time to study philanthropy.
The saying that history repeats itself has been proven to be true time and time again. History seems to be doomed to repeat itself as if lessons were never learned from past mistakes. The Gilded Age is a unique period in American history that is undoubtedly repeating itself in the modern day. Corruption, unprecedented immigration, and the massing of wealth by the top 1% of the population are just a few of the things that characterize this period of American history. The same issues that plagued America over 100 years ago are re-emerging in todays’ society leading scholars to say that America has arrived in “The Second Gilded Age”.
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.
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 decade between 1890 and 1900 expressed a crucial time in the United States of America’s history. Many people experienced struggles throughout this time while others prospered. Mark Twain suggested that despite the significant achievements of the United States, Americans experienced poverty. This statement is an accurate description of the lively hood people experienced in their daily lives during the Gilded Age whether it was positive or negative. Many people during this time period focused on the positive outcomes that resulted from the Gilded Age such as new inventions, the gospel of wealth, additions of land to the country, urbanization, and middle-class improvements.
Underpinnings and Effectiveness of Carnegie’s “Gospel of Wealth” In Andrew Carnegie’s “Gospel of Wealth”, Carnegie proposed a system of which he thought was best to dispose of “surplus wealth” through progress of the nation. Carnegie wanted to create opportunities for people “lift themselves up” rather than directly give money to these people. This was because he considered that giving money to these people would be “improper spending”.