Summary
Edit
An essay written by Andrew Carnegie about giving back to society.
Exact DefinitionEdit
The Gospel of Wealth was based on the "trickle-down" idea of rich people giving back to society. Some business owners of the 1800s believed philanthropy was a responsibility of the wealthy and gave things such as universities, libraries and museums. Some, though, saw (or see) it as a despicable way for the elite to relieve themselves from guilt.
ImportanceEdit
This philosophy governed much of Carnegie's and John Rockefeller's giving and could be seen as a counterexample to the growing tide of socialistic discontent among the working class.
Helpful LinksEdit
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- Kickbacks
- Compromise of 1877
- Credit Mobilier Scandal
- Depression of 1893
- Freedmen’s Bureau
- Scrip
- 14th Amendment
- Homestead Act, 1862
- 1863 Draft Riots
- Sherman’s March
- Sharecropping
- Appomattox Courthouse
- John Wilkes Booth
- Emancipation Proclamation
- Ulysses S. Grant
- Morrill Act, 1862
- Gettysburg
- Robert E. Lee
- Social Darwinism
- Chinese Exclusion Act, 1882
- Promontory Point
- “New immigration”
- Boss Tweed
- Scalawags
- Eugene V. Debs
- Pinkertons
- Tenure of Office Act
- Haymarket Square Riot
- Comstock Lode
- Samuel Gompers
- Black Codes
- Thaddeus Stevens
- Gustavus Swift
- Thomas Nast
- Bessemer Process
- Thomas Edison
- Horizontal integration
- Henry Clay Frick
- Battle of Vicksburg
- Standard Oil
- “Robber Barons”
- Mugwumps
- Sears and Roebuck
- Lincoln's 2nd Inaugural Address
- Whiskey Ring
