Social Darwinism

The New Industrial Order: Economic Growth in the Gilded Age, 1865-1890 Questions/Issues in Gilded Age Were 19th century economic entrepreneurs Robber Barons, or ?Captains of Industry?? Historical Context ? America and Economy Yankee Humbugs or Self-Made Men? Case Study: P.T. Barnum Industrial Progress and the Incorporation of America Industrialization and Progress and Poverty Incorporating America Communication and Culture Thomas Edison The Four Major Industries Railroads: ?The Octopus? Jay Gould Steel and Andrew Carnegie Vertical Integration Oil and John D. Rockefeller Horizontal Integration Testimony before Congress (17.1) Rebates and Drawbacks: Investment and Financing ? J.P. Morgan Justifying the Reality of the Gilded Age Andrew Carnegie, ?The Gospel of Wealth? (17.3)

The New Industrial Order: Economic Growth in the Gilded Age, 1865-1890 Questions/Issues in Gilded Age Were 19th century economic entrepreneurs Robber Barons, or ?Captains of Industry?? Historical Context ? America and Economy Yankee Humbugs or Self-Made Men? Case Study: P.T. Barnum Industrial Progress and the Incorporation of America Industrialization and Progress and Poverty Incorporating America Communication and Culture Thomas Edison The Four Major Industries Railroads: ?The Octopus? Jay Gould Steel and Andrew Carnegie Vertical Integration Oil and John D. Rockefeller Horizontal Integration Testimony before Congress (17.1) Rebates and Drawbacks: Investment and Financing ? J.P. Morgan Justifying the Reality of the Gilded Age Andrew Carnegie, ?The Gospel of Wealth? (17.3)

HISTORY NOTES 1811-1991 PROGRESS AND POVERTY (1879) 17-2 Henry George was a journalist in San Francisco. He knew that the nation was entering a age of unprecedented wealth, poverty persisted and social inequality widened. To fix the problem he proposed a land value or rent be taxed and the revenues go back to the public. He proposed that a tax on all owned land was better and would profit on a single land tax whether the land was improved by the owner or not improved the same tax would be paid. So the non-producer would no longer toll in luxury while the producer got the barest necessities. THE GOSPEL WEALTH (1889) 17-3