Comparative View of Wealth Accumulation in America Essay

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The era that marked the end of civil war and the beginning of the twentieth century in the united states of America was coupled with enormous economic and industrial developments that attracted diverse views and different arguments on what exactly acquisition of wealth implied on the social classes in the society. It was during this time that the Marxist and those who embraced his ideologies came out strongly to argue their position on what industrial revolution should imply in an economic world like America. In fact, there was a rapid rise in the gross national product of the United States between 1874 and 1883. This actually sparked remarkable consequences on the political, social and economic impacts. In fact, the social rejoinder to …show more content…
The fact that many people languished in grinding poverty became a concern that attracted various views and opinions from diverse quarters. Andrew Carnegie for instance was a very different man. Different from many other millionaires, Andrew Carnegie a fervent longing to understand and justify the treasures that he and a few other agnates had done in the face of everyone. He passionately believed in societal value of state of affairs that exhilarated individual wealth. In fact, he was a real capitalist who advocated for individualism. Though a staunch capitalist, Andrew Carnegie also believed that the wealthy have a great social responsibility in the society. Actually he preached his message more so in North America where he caught the interest of many. He argued fervently on the responsibilities of the rich many in a socially dynamic society (Johnson). Andrew Carnegie tried to justify the existence of a wide gap between the rich and the poor. He actually argued that it is through hard work that one acquires and accumulates wealth. He believed that anyone has the potential and ability to become wealthy as long as he works for it. He believed in a society that is free of laziness and eating from other people sweat. No wonder the common phrase, “If thou have not sown, thou shall not reap.” He was strongly opposed to the communist ideologies

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