Guilded Age
By: July • Essay • 394 Words • December 19, 2009 • 1,035 Views
Essay title: Guilded Age
There are many different views on whether or not business should be regulated during the Guilded Age. The rich who controlled the government at the time were against any kind of regulation of business. They wanted one hundred percent capitalism. The workers on the other hand wanted the business to be regulated, and the legalization of unions. I am going to support the ideas of the business owners.
There were many wealthy business owners who believed in the gospel of wealth. This was the idea that God made the rich rich and the poor poor. This was a common thought process of the Guilded Age. Andrew Carnegie was a major follower of this thought. This is shown in his speech "Wealth." In this speech he says that rich and poor are necessary for the race. It also describes how it is survival of the fittest.
The ideas of the gospel of wealth are a scary concept today. If you look at it with a revisionist viewpoint the idea that rich are rich because God said so leaves us open for so much discrimination. The thoughts of this time were not able to see this, and the business owners wanted to keep the power in their hands.
Document E also has a touch gospel of wealth in it. It talks about a preacher