Gilded Age (jan 5, 1870 – jan 1, 1900)
Description:
Named by Mark Twain, implying things were pretty on the outside, but ugly on the inside.
The US had a false reputation as a country of millionaires.
- Andrew Carnegie
- John D. Rockefeller
Popular ideas of the time:
- Social Darwinism: applies darwinism to business. Survival of the fittest; strong businesses will succeed. No gov intervention, and monopolies are ok.
- Laissez faire = gov policy of leaving business alone.
- Protestant Work Ethics: belief that hard work = success in the US. Implies that poor people are lazy or not holy.
Added to timeline:
Date: