¶ … rise of business and the new age of industrial capitalism forced Americans to think about, criticize, and justify the new order -- especially the vast disparities of wealth and power it created. This assignment asks you to consider the nature and meaning of wealth, poverty and inequality in the Gilded Age making use of the perspectives of four people who occupied very different places in the social and intellectual spectrum of late nineteenth-?century America:, the sociologist William Graham Sumner, the writer Henry
George, a Massachusetts textile worker named Thomas O'Donnell, and the steel tycoon
Andrew Carnegie.
For Andrew Carnegie, wealth was a good thing. In his "Gospel of Wealth," Carnegies talks about the problem of "our age" which is the proper administration of wealth. He has his own philosophy of how wealth has come to be unequally distributed with the huge gap existing between those who have little and those who are stupendously rich. However, Carnegie believes that if administered and propertied in the right way, this gap is not only right but also good.
People are apt to squander their wealth. They are apt to use it on hedonistic pursuits, and, in this way, Carnegie believes that the wealth is improperly used. In the same way, wealth too is improperly used when bequeathed to Charity, for Charity may waste the wealth and direct it to foolish or irrational results.
The best way, Carnegie, believes that the wealth can be used if the owner directs it to philanthropic directions of his own choosing. Carnegie gives the example of millionaires who directed their wealth towards parks and other sustainable projects for the mass. These donors knew how to use their wealth. They had a lot -- more than many others -- but they used it properly for the public good. When used in this way, the chiasm between plenty and poor is lawful and right since the wealth is used for social ends.
The gap between poor and rich is, Carnegie admits, to be deplored. It creates many social ills aside from also envy and conflict between the classes. The Anarchists / Socialists are correct. But this gap is inevitable; some are always going to be wealthier than others. There are always going to be Masters and Workers. Being that we have this inevitability, we may as well direct it in a right way. There are disadvantages, certainly, to this way of living but Carnegie believes that there are advantages too. Advantages include not only the fact that the wealthy has the opportunity of benefiting the masses but that social development occurs since the wealthy can decide to improve their race and the world if they resolve to use their money philanthropically and wisely. One can, Carnegie admits, also pass it on as inheritance but this would only be harming one's children since it would be making them incapable of earning their own living and will be making them idle which are misguided affection. The tendency to tax large estates is, Carnegie believes, a wise step.
Sociologist William Sumners, however, was more scientific and straightforward in his rationalization of some having more than others. This was the Darwinian way of life. It was normal. It was natural. The wealthy could spend their wealth whichever way they desired for they had earned it and they were the fittest who had survived. Sumners was often accused of cold-heartedness, to which he responded:
"The sociologist is often asked if he wants to kill off certain classes of troublesome and bewildered persons. No such interference follows from any sound sociological doctrine, but it is allowed to infer, as to a great many persons and classes, that it would have been better for society and would have involved no pain to them, if they had never been born." (Thomas O'Donnell, Testimony William Graham Sumner "What the Social Classes Owe to Each Other," p....
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