HIST-1410 Lecture Notes - Lecture 6: Henry Demarest Lloyd, William Graham Sumner, Campaign Finance In The United States
Document Summary
Definition: the gilded age was that period in history characterized by the ostentatious display of wealth and the realization that wealth and poverty were systemically derived from industrial america. ** if our civilization is destroyed, it will not be from barbarians from below. [these issues played themselves out in american politics ] [notion of growing disparity between rich and poor/wealth and poverty frequently played out in politics and became fuel for healthy and rambunctious social commentary; rich discourse about industrialization and consequences for society] William graham sumner and social darwinism: wealthy a product of natural selection. What social classes owe each other : do the rich have an obligation to the poor? sumner answers question (pg. Can : you"re not owed a result; you"re owed an opportunity. Capital is a result of labor, and is used by labor to assist in further production. Henry demarest lloyd and the excesses of capitalism.