From the late 1800s to the early 1900s, the Gilded Age was a time of American inventions and innovation. As the work place transitioned from rural plantations to industrialized cities, specialized farmworkers stood no chance against a handful of powerful businessmen. A large majority of the socioeconomic power resided in the hands of large corporations, as they dominated the economy and its workers. In Makers, Takers, and Fakers, the author specifically targets Andrew Carnegie and John D. Rockefeller who monopolized the steel and oil industries, respectively. Although the author believes the development of the large corporations during the Industrial Revolution hindered the pursuit of the individual’s American Dream, the large businesses actually set the foundation for today’s economy and offered new opportunities for success. The author expresses his grievances towards industrialized businesses during the Gilded Age and supports the American farmer. Therefore, the author references the “fakers” as fraud politicians who did not support the beliefs of the Populist Party. He then characterizes the “makers” as the independent business owners and farmers because they made lives for themselves without a strong dependency on these “dictatorship-like” businesses. The author primarily focuses on voicing his reproach for the “takers” of the Gilded Age, or the monopolistic business owners such as Andrew Carnegie and John D. Rockefeller. He negates these industrialists suppressing individualism while showing little regard for the well being of lower class Americans. In other words, the author believes that Carnegie and Rockefeller’s monopolistic industries offered an unspoken ultimatum for Americans: either submit to our control or we will c... ... middle of paper ... ... that these powerful businessmen ruined the attractive ideology that America had envisioned for itself, these men paradoxically created jobs for thousands of families and laid the foundation for the economy of America. By paving the ways for inventive, modern day companies such as Apple, Google, and Microsoft, the emerging American economy has expanded beyond its geographical boundaries. Other countries have sought to emulate the dominant businesses in America in an attempt to obtain wealth and an increased quality of life for their countries and their workers. The American Dream is a combination of many varied dreams, and it is not limited nor defined by one’s wealth. So, listen up all you aspiring businessmen and businesswomen: Rockefeller and Carnegie have set a standard in showing you a way to create businesses and philosophical practices that will help us all.
Carnegie, Rockefeller, Morgan, and Vanderbilt all had something in common, they were all “Robber Barons,” whose actions would eventually lead to the corruption, greed, and economic problems of Corporate America today. During the late 19th century, these men did all they could to monopolize the railroad, petroleum, banking, and steel industries, profiting massively and gaining a lot personally, but not doing a whole lot for the common wealth. Many of the schemes and techniques that are used today to rob people of what is rightfully theirs, such as pensions, stocks, and even their jobs, were invented and used often by these four men.
The captain of industries were businessmen who also benefitted society through their accumulation of wealth, using methods such as increased productivity, the expansion of markets, offering up new jobs to the working class, and other acts of generosity. All of the notable industrialists dubbed “robber barons” were also named “captain of industries” as well. Therefore, there have been many debates as to whether the term “robber barons” really did justice to the industrialists, when taking into account of their effects on America’s economy, and not just the negative aspects. While the robber barons did harm specific groups of people in order to meet their selfish goals, as well as execute ruthless tactics to surpass their competitors, they have also created an economic boom in which they created larger manufacturing companies, created many employment opportunities for the working class. Even though robber barons went to extreme measures and harmed others in their pursuit of wealth, they have also, and built a stable and prosperous
Based on the Gilded Age, literally meaning a layer of gold is displayed on the outside and once you look deeper past through the top layer of gold, you can identify that the robber barons are the culprit of the corruption in the government who monopolized the corporate America. Although, there is a great transition from the agricultural economy towards the rapid growth of the urban and industrial society, the robber barons created a lot of problems for much of the working class poor in America. The robber barons use the power they obtain through their wealth for their own advantage and try to repress any form of the spread of democracy and the regulation in the marketplace, its work safety, the labor laws, and the certain amount of work hours which followed thereafter witnessing of the homestead strikes that touched on the major issues of the American nation. Both Carnegie and John D. Rockefeller dominated giant corporations, but they dictated much of the employees and greatly tried to divide out the employees from desperately trying to organize the reforms that would essentially stop the robber barons from taking advantage of them. The robber barons insisted that if you cannot work the day you are supposed to other than the Fourth of July, some other person will be a willing participant to come and take your job.
During the Gilded Age, several Americans emerged as leaders in many fields such as, railroads, oil drilling, manufacturing and banking. The characterization of these leaders as “robber barons” is, unfortunately, nearly always correct in every instance of business management at this time. Most, if not all, of these leaders had little regard for the public or laborers at all and advocated for the concentration of wealth within tight-knit groups of wealthy business owners.
The era that marked the end of civil war and the beginning of the twentieth century in the united states of America was coupled with enormous economic and industrial developments that attracted diverse views and different arguments on what exactly acquisition of wealth implied on the social classes in the society. It was during this time that the Marxist and those who embraced his ideologies came out strongly to argue their position on what industrial revolution should imply in an economic world like America. In fact, there was a rapid rise in the gross national product of the United States between 1874 and 1883. This actually sparked remarkable consequences on the political, social and economic impacts. In fact, the social rejoinder to industrialization had extensive consequences on the American society. This led to the emergence of social reform movements to discourse on the needs of the industrialized society. Various theories were developed to rationalize the widening gap between the rich and the poor. Various reformers like Andrew Carnegie, Henry George and William Graham Sumner perceived the view on the obligation of the wealthy differently. This paper seeks to address on the different views held by these prominent people during this time of historical transformations.
The late 19th century and early 20th century, dubbed the Gilded Age by writer Mark Twain, was a time of great growth and change in every aspect of the United States, and even more so for big business. It was this age that gave birth to many of the important modern business practices we take for granted today, and those in charge of business at the time were considered revolutionaries, whether it was for the good of the people or the good of themselves.
5. Perry, Elisabeth Israels, and Karen Manners Smith. The Gilded Age and Progressive Era: a student companion. Oxford: Oxford University Press, 2006. Print.
The Gilded Age was the last three decades of the nineteenth century, when America’s industrial economy exploded generating opportunities for individuals but also left many workers struggling for survival. With the many immigrants, skilled and unskilled, coming to America the labor system is becoming flooded with new employees. During this period, the immigrants, including the Italians, were unskilled and the skilled workers were usually American-born. There was also a divide in the workers and the robber barons. Robber barons were American capitalist who acquired great fortunes in the last nineteenth century, usually ruthlessly. There was much turmoil throughout the business and labor community. Two major organizations, the Knights of Labor and the American Federation of Labor, helped represent the workers in this time of chaos. The Knights of Labor, founded in 1869, were representing both skilled and unskilled workers. They were quite popular with a large boost in membership becoming the biggest union in 1885. They sought for equal pay and equal work. All were welcomed to the Knights of Labor; there was no discrimination on race, gender, or sex. They called for an eight-hour day in order to reduce fatigue and for safety issues. The Knights of Labor Declaration of Principles states their purpose is to “make industrial and moral worth, not wealth” (Reading 9, p. 1). This means the moral worth is to what they could contribute to society rather than monetary gains. They were working towards this improvement of the common mans life to advance in civilization and create new ideas for society. They also called upon the employer to treat the employee with respect and fairness so they can contribute to not only their company but to Amer...
The Gilded Age gets its name from a book by Mark Twain called The Gilded Age: a Tale of Today. It was written in 1873, and unfortunately was not that successful. While the Gilded Age conjures up visions of ostentatious displays of wealth and decorative parties, the over all topic was politics. The book gives an extremely negative assessment of the state of American democracy at that time. Which does not come as a huge surprise coming from Twain, who famously said "It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.” So when faced with sweeping changes in the American economy after the Civil War, the American political system both nationally and locally dealt with these problems in the best way possible, by inevitably and incredibly becoming corrupt.
The life of an immigrant in the United States during the Gilded Age was a rough life. During this time period the U.S. went through a dramatic change in dealing with changing infrastructure and masses of people coming over from different countries for a chance at a better life. This time period was characterized by small wage jobs, poor working conditions and the struggle to survive. The Jungle embodies the themes of the Gilded Age with first hand experiences of an immigrant's hardships of life.
The Incorporation of America sets a high standard for itself, one in which it doesn’t necessarily meet; however, the work is still expansive and masterful at describing the arguments of the Gilded Age.... ... middle of paper ... ... “Machines employed in production under the present system are “absolutely injurious,” rendering the workman more dependent; depriving him of his skill and of opportunities to acquire it; lessening his control over his own condition and the hope of improving it; cramping his mind, and in many cases distorting and enervating his body.”
The document I chose was Document 19-1 titled ‘A Textile Worker Explains the Labor Market’. This document is the testimony of Thomas O’Donnell given before the U.S. Senate Committee on Relations between Labor and Capital in the year 1885. O’Donnell speaks about what it’s like to be a labor worker in the 1880s to a committee so they could better understand the relationship between labor and capital. The Gilded Age saw the rise of industrialism and great economic growth in the United States. But true to its title, the Gilded Age was only plated with gold but inward filled with corruption and poverty. What meant great success for some, meant lack of job security and financial hardship for the working class Americans. This document really depicts what it’s like being on the working end of these companies seeking to industrialize.
characterizes the capitalists who shaped post-Civil War industrial America and it is valid that they would be properly distinguished as corrupt “robber barons”.
In the late 1700’s and early 1800’s, big business began to boom. For the first time, companies were developing large factories to manufacture their goods. Due to the new mechanics and cheap labor, factory owners can now produce their goods at a cheaper rate. As big businesses brought wealth and capitalism, it also widened the gap between the wealthy elite and the poor. One class in particular was horribly affected by the growth of big factories.
Money constitutes the American Dream, because in America, to be successful in life means being wealthy. We live in an industrialized nation, in which money controls our very own existence. The Lesson by Toni Cade Bambara establishes an argument about society’s injustice that entails financial opportunities by revealing the differences in living conditions between upper class and lower class. Another important point Stephen Cruz, a successful business person and a Professor at the University of Wisconsin at Platteville, makes in his speech is that the American Dream is getting progressively ambiguous, because the vision of success is being controlled by power and fear which only benefit 1 percent of Americans. For most people, the American Dream is to be financially stable to the point of content; however, realistically the accomplishment of the American Dream is often obstructed by society’s limitations and influences from higher power.