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Self Reliance/Survival of the Fittest. Section 4.2 Day 8. Agenda for Today. Current Event Update Negative Ads Negative Ads Negative Ads Negative Ads - Brooklyn Bridge Presentation 4.2 Survival of the Fittest slide show Homework Read.
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Self Reliance/Survival of the Fittest Section 4.2 Day 8
Agenda for Today • Current Event Update • Negative Ads • Negative Ads • Negative Ads • Negative Ads - • Brooklyn Bridge Presentation • 4.2 Survival of the Fittest slide show • Homework • Read
Objectives: By the end of this lesson you should be able to: • Define Laissez-faire • Identify William Graham Sumner and his philosophy Social Darwinism • Identify Andrew Carnegie and his philosophy of the Gospel of Wealth • Develop your political view on the role of government in economics
Discussion Questions • What did you observe? • What justifies who would survive and who would die?
Who was Charles Darwin? • A Scientist • Origin of the Species 1859 • Survival of the Fittest • Natural Selection • What if we apply this ideology to other aspects of society? • Race, nationality, economics
What is a Laissez-Faire Economic Policy? • “let it (nature) be” • Government should stay out of economy • Where would this ideology fall on the political spectrum? • RIGHT
Describe William Graham Sumner’s idea of Social Darwinism. • Definition: belief that people in society compete for survival and that superior individuals, groups, etc. become powerful and rich • Natural selection • fittest succeed • unfit sink into poverty and become extinct • Sumner- • American sociologist who popularized S.D. • Attempts to justify why the rich are so rich…they’re better
Describe Carnegie’s childhood and teenage years. • Poor immigrant • Rags to Riches • Messenger in telegraph office (14) • Became assistant to president in PA RR • Invested savings in RR & oil • Began own business manufacturing iron bridges
Describe Carnegie’s Gospel of Wealth. • Carnegie’s essay that says justifies social Darwinism • ‘Natural aristocracy’ should control economy • BUT, Wealthy have obligation to aid the less fortunate • Help them help themselves • Laissez-Faire is beneficial to all because weak links are eliminated, best rise to the top http://historymatters.gmu.edu/d/5766/