Life, liberty and the pursuit of happiness. These are the three rights granted to every American, however, this did not seem to apply to the poor during the Gilded Age. The poor lacked opportunities to climb the ladder of social class to escape poverty, and the wealth of America was so concentrated in an individual few that one man, J.P. Morgan, was able to end the Financial Panic of 1893, preventing an economic depression. The rich were getting richer and the poor were getting poorer. The disparity between the wealthy and those facing poverty was ever growing, which makes one question, what should be done, if anything at all? This was a major problem during the time and was the topic of many debates. Figures like William Graham Sumner, …show more content…
He believes that the poor cannot be simply given things, for if a man is given fish, they are fed for a day, but if that man is taught how to fish, they will be fed for a lifetime. The only way for the poor to become productive members of society is to provide them the chance to succeed. In Carnegie’s, Wealth, 1889, he shares a similar view with Sumner. Carnegie sees the rich as, “the trustee and agent for his poorer brethren, bringing to their service his superior wisdom, experience, and ability to administer, doing for them better than they would or could for themselves…” (Carnegie, 54). Unlike Sumner, Carnegie believes that the ever widening gap between the rich and poor is a problem and that action should be taken. Carnegie views the poor as almost helpless, unable to provide for themselves and overcome poverty, but he also sees that not all are unable. There are those who are capable of prevailing against the odds and that it is the duty of the rich to help lead these people towards prosperity. However, like Sumner, Carnegie also believed that the poor cannot simply be given wealth for it is a waste. “Of every thousand dollars spent in so called charity to-day, it is probable that $950 is unwisely spent…” (Carnegie, 55). He even goes on to say how it would be more beneficial for mankind if
In the Gospel of Wealth Carnegie discussed how wealthy men help the poor and working class with charity. Since the wealthy get to choose where the money goes to it helps the poor more than it would by being given to them. The money went to programs and services the poor needed rather than being given to the poor that would spend it on unneeded resources. The superior education and understanding of the industrialists and wealthy helped the poor and working class more because with charity they could choose what programs would get the funding needed to help the poor.
In the gilded ages dating back to the nineteenth century both Andrew Carnegie and Henry George were known as very influential men of their time both striving towards the common goal of deflating poverty in hopes to diminish it as a whole. Though both Andrew and Henry shared a similar feat they had very different approaches and ideas of methodizing the overall goal. Carnegie was a shrewes businessman who viewed it to be acceptable for very rich and very poor people to co-exist as long as the rich provided that their surpluses aspired the community with parks or libraries for example to better themselves known as the "lasting good," and
According to Carnegie, the responsibility of those who receive charity from the wealthy is to give the money only to those who deserve it. In 1889 Carnegie wrote an essay, “The Gospel of Wealth,” in which he argued against what he called “indiscriminate almsgiving.” He began with the statement that there is a valid and significant difference among worthy and non-worthy poor. Some people, Carnegie argued, are poor through no accountability of their own: sometimes situations puts one in an undesirable position, making it hard to advance despite one’s best determinations.
Andrew Carnegie (1835-1919) was a major American industrialist in the late 19th century and after obtaining substantial wealth from his steel industry, became an advocate for giving back to the less fortunate. Carnegie’s desire to donate to those less fortunate came from past experiences, growing up as an immigrant and working in a cotton factory young. He knew and understood the hardships that people faced when not able to acquire the type of wealth he rose to earn. Through his long life this atypical businessman advocated for many and dedicated the later years of his life to promoting the general welfare of the world.
As young as 33, Carnegie was pulling in an annual income of $50,000 a year, a huge amount at that time, and this was enough for him. Carnegie was a firm believer that anyone could make it to the top, and that it was the wealthys’ duty to help the poor work towards a more comfortable life. Carnegie said that “the man who dies rich, dies disgraced.” This is a greedy, unselfish philosophy that a robber baron could not conceive.
The Gilded Age had many relevant people arguing about economy at that time. Three of the people that argued about economic issues in society are Sumner, Lloyd, and Carnegie. Sumner had a biased approached towards economy in favor of the powerful wealthy class. While Lloyd had a completely contradictory view from Sumner’s opposing most of Sumner’s ideas. On the other hand, Carnegie had a favorable argument for economic equality by offering help to the poor class in his way. Although these authors have opposing views on the economic inequality, they support their views with valid solutions and proposals.
Dear editor, Carnegie’s Gospel of Wealth can have some valid points about things. One quote Carnegie stated is “In bestowing charity, the main consideration should be to help those who will become themselves” (61-62). He is explaining how if people were to help themselves, then that’s the biggest charity there is because you won’t end up becoming or remaining poor. This in my opinion is true since you have to work hard in life to succeed and it doesn’t come easy. A second point Carnegie made was “we accept and welcome… as conditions to which we must accommodate ourselves” (5-6). He is saying how we as people accept conditions to which we have to work hard for and maintain it and work with other people with that same mindset. I agree because
In the “Gospel of wealth”, Andrew Carnegie argues that it is the duty of the wealthy entrepreneur who has amassed a great fortune during their lifetime, to give back to those less fortunate. Greed and selfishness may force some readers to see these arguments as preposterous; however, greed is a key ingredient in successful competition. It forces competitors to perform at a higher level than their peers in hopes of obtaining more money and individual wealth. A capitalist society that allows this wealth to accumulate in the hands of the few might be beneficial to the human race because it could promote competition between companies; it might ensure health care for everyone no matter their social standing, and parks and recreation could
Nonetheless, the third mode is which Carnegie beckons as the start of a great evolutional growth in the distribution of wealth amongst classes. Carnegie believes that the rich must supply the poor with not money directly to their pockets, which would coax temptations. Rather, the rich must supply the less fortunate with the means to grow as people, to heighten ambitions, and raise the level of class. This is done through, for example, the construction of a public library. Carnegie, in fact, tells a tale of Mr. Tilden. Mr. Tilden, a wealthy man, builds a large public library in New York City. This distributes more than a couple quarters could ever, the ability for any man to enhance his learning and opportunities for free.
Carnegie is looking out for the best interests of the rest and his admirable goals are clearly seen from this quote. He puts power in the hands of those who can make a difference with the excess amounts of money given by wealthy men. If inheritances were instead used during life to help the community instead of
Carnegie was a wealthy man himself, but he practiced exactly what he preached. He notices how American society has revolutionized and created the divide between the rich and the poor as it changed. Carnegie compares the American past equality to the equality experienced among the Sioux Indians. Carnegie does not disapprove of the change, but recognizes it as “highly beneficial” (Foner 29). According to Carnegie, the evidence of the changing society is present in the “contrast between the palace of the millionaire and the cottage of the laborer” (Foner 29). Although Carnegie recognizes the divided between rich and poor, he does not see it as a bad thing, nor does he believe that people should stop obtaining wealth. Carnegie believes that the wealthy should use their money to provide for good instead of “hoarding great sums all their lives” (Foner 29). Carnegie approves of the implementation
For Carnegie, there was a need to balance between the individual and fairness in order for society to function correctly. That is to say that those who enjoy the possession of large sums of money shouldn’t just look out for themselves and their own needs or wants at the time to make decisions on how to use their fortune, but instead, should try to use such resources for the benefit of all individuals of society. However, with this Andrew Carnegie didn’t mean that wealth was there to be distributed equally among all men. Instead, he believed that wealthy individuals were superior to the rest of the people and therefore, should be the ones managing surplus earnings since they had the experience and knowledge required which made them more fitted to do the job. According to Carnegie’s idea under this system based on principles and responsibilities, if everyone was to do their part of the job society will continue to experience
Life… Liberty… and the pursuit of happiness. The 3 things that we, as Americans all share, and that itself, cannot be taken away from us, unalienable rights, as you would put it. But, what are these things, and what do they mean. Today, I will go in depth of what they actually are.
William Graham Sumner is a social Darwinist who claimed that people who work hard are rich, while people who do not work as hard are poor. In his article of “What the Social Classes Owe Each Other,” he discusses the distinction between the lower and upper class. The upper class consists of all the determined hard workers, while the lower class consists of lazy workers. He believed that every man is given a chance to work for their success, but not everyone is able to grasp their opportunity and most end up in the lower class. In this sense, we should not help the poor. If the rich were to help the poor, it would discourage them from working harder and therefore they would not be working to their full potential. The poor would also become
Andrew Carnegie was the example of the rags to riches tale to reality during The Gilded Age. Consequently, Carnegie´s view on wealth impacted workers by motivating them towards overcoming the cycle of the laborer, as well as influencing them on how to see success.