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An analysis of the divide between Old and New money.

An analysis of the divide between old money and new money and how it is represented in The Great Gatsby.

Zach Smith

on 5 January 2012

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Transcript of An analysis of the divide between Old and New money.

Old Money vs. New Money The divide between Old Money and New Money played an enormous role in the way characters were portrayed in The Great Gatsby Old Money refers to those who have a history of wealth running in their family that has been passed down for generations and onto them.
New Money refers to those who have made their own fortune within their generation. What is Old Money and New Money? Thesis Those with Old Money are much more Conservative, while those with new money are much more flashy with their wealth.
Those with New Money are looked upon as less educated and less elegeant than those with Old Money.
Those with New Money have less social connections as they are products of the 1920's boom, where as those with Old Money have been around long enough to have had their wealth known and respected by many.
Theoretical Divide East Egg inhabitants come from Old money.
West Egg inhabitants come from New Money.
West Egg inhabitants tend to have more extravagant cars, houses, and clothing than East Egg inhabitants. Physical Divide "So he invented just the sort of Jay Gatsby that a seventeen year old boy would be likely to invent, and to this conception he was faithful to the end." Character Identification: Tom Buchanan is an example of Old Money in that he comes from a very wealthy family and didn't actually have to earn his own money the way Gatsby did. Tom Buchanan Old Money New Money Jay Gatsby Jay Gatsby is an excample of new money because his family isn't known throughout the book as being absurdly rich and prestigious. We later learn that he made his living entirely on his own during the prohibition, selling illegal alcohol. His success was of his own creation and not the result of a rich family. Presence in The Great Gatsby "His family were enormously wealthy, even in college his freedom with money was a matter for reproach-but now he’d left Chicago and come East in a fashion that rather took your breath away: for instance, he brought down a string of polo ponies from Lake Forest." "I found out what your drug-stores were. He and this Wolfshiem bought up a lot of side-street drug-stores here in Chicago and sold grain alcohol over the counter" New money is looked down upon at this time period because it was often times from a questionable backround. Tom highlights this point here. Tom can offer Daisy prestige and social postion whereas Gatsby's money was earned quickly and could be lost just as quickly. "They were careless people, Tom and Daisy-they smashed up things and creatures and then retreated back into their money or their vast carelessness, or whatever it was that kept them together, and let other people clean up the mess they had made." The thing that held Daisy and Tom together was their money and the power that came with it. It also kept Daisy and Gatsby apart in that Gatsby was vulnerable because his money was obtained illegally and he wasn't in the same position of social power that Tom was. The End
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