Gilded Age: The Gilding

MM
by Marco Manuel4 views·Updated Oct 24, 2020

Audio TranscriptAuto-generated

  1. Hey, guys, today we're gonna talk about the Gilded Age,
  2. which is from 18.
  3. 70 to about 1910 ish.
  4. Ah, lot of historians like to end it around 1900
  5. I'm going to assert that it goes a little bit
  6. longer than that.
  7. And I'm calling this, uh, this lesson the gilding, because
  8. that's really what we're gonna focus on eso.
  9. The Gilded Age is characterized by the world's first crazy,
  10. stupid, insanely, ridiculously and unfathomably rich private citizens.
  11. Okay, because rich people exist before this, But before this
  12. time, they usually had to be like an emperor or
  13. a king or a queen or something like that.
  14. And of course, it's about their corporations.
  15. So the things that made them that wealthy eso John
  16. D. Rockefeller and Andrew Carnegie are a couple of the
  17. most famous Gilded Age crazy, stupid rich people on dhe.
  18. Their total net worths are estimated to be like over
  19. $300 billion when adjusted for inflation.
  20. You know, back in the day, nominally, you know, Andrew
  21. Kearney was like only 475 million.
  22. But you know, again so again, calculating for inflation, they
  23. are more than double Jeff Bezos, the current or recent
  24. richest man in the world.
  25. One of my students pointed out to me that he's
  26. not this rich anymore after the divorce, but I think
  27. he's still number one anyway.
  28. Back in the day.
  29. Gilded Age Stupid rich people are even more stupid rich
  30. than the richest person today.
  31. Like it's just it's unimaginable.
  32. Alright, Another guy that I got a mention.
  33. Those Cornelius Vanderbilt.
  34. He was kind of a loser, though he was on
  35. Lee estimated, be worth $100 billion.
  36. God, what a loser he must have been toe on.
  37. Lee have gotten $100 billion on I want to help
  38. you visualize kind of some of the things that were
  39. going on.
  40. And that's really what this lesson about is about helping
  41. you think about what life was like.
  42. S my learning target questions is what is the figure
  43. to meeting behind the term Gilded Age?
  44. Why do we call it that?
  45. And what evidence in circumstances lead to that label that
  46. we give it?
  47. All right, So let's talk about what is gilding.
  48. Let's talk about the literal meaning of gilding before we
  49. can talk about the figurative meaning all right.
  50. So, to gild, something means to decoratively cover it with
  51. a thin layer of gold.
  52. All right, so if it's gilded, another way to think
  53. about it is that it is gold plated or its
  54. gold covered.
  55. But it's definitely not solid gold, but it's been painted
  56. as such to give it an appearance of gold.
  57. All right, so it could be ah, wooden frame.
  58. It could be a statue.
  59. It could be a gate, whatever it is.
  60. But beneath the gilding, whatever it is, wood, stone, metal,
  61. iron it is not as opulent as the gold is
  62. meant to make it look.
  63. All right.
  64. So opulence is I really like this word opulence.
  65. And just think about its meaning, rich or luxurious.
  66. All right.
  67. So this gold plating is meant to make something look
  68. opulent and luxurious.
  69. And this era of the Gilded Age is this era
  70. of opulence.
  71. Opulence. I just like to say the word opulence.
  72. All right.
  73. The arrow opulence, eh?
  74. So what did the crazy, stupid rich people do with
  75. all that money?
  76. They just They had so much to spend.
  77. All right, Eh?
  78. So quick.
  79. A little back story between 18.
  80. 37 1900 is in Britain is known as the Victorian
  81. era after Queen Victoria.
  82. Alright, so Queen Victoria reigns between 18 37 and 19
  83. when she's actually born in, like, 18 20 or something.
  84. Anyway, Queen Victoria, I want you to think of Queen
  85. Victoria as, like, the world's first or at least the
  86. world's first biggest social influencer.
  87. Okay, so just like there are influences today, people say
  88. things like, Oh, I want that thing because I see
  89. it. Queen Victoria, was that person in 18 40?
  90. Okay, everybody like, knew what Queen Victoria was doing, like
  91. way over there in England.
  92. And they're like, Oh, Queen Victoria, she thought of necklace,
  93. I want that necklace.
  94. Okay, she's got the address.
  95. I want that dress.
  96. I want to be with you.
  97. Okay, so I am not going to get the idea.
  98. She's the first social influencer of like e Don't know
  99. that you can think about for this time, period.
  100. So also quick fun Fact about Queen Victoria.
  101. So the reason why women like to have white wedding
  102. dresses now is because Queen Victoria got married and a
  103. white wedding dress.
  104. Now some people were doing the white wedding dress thing
  105. before Queen Victoria.
  106. But Queen Victoria made it popular as soon as she
  107. got married.
  108. And everybody saw Queen Victoria get married in this white
  109. wedding dress.
  110. They're like, Oh, my goodness, I want a white wedding
  111. dress and now it's become a cultural thing.
  112. But so anyway, rich Americans, though they would want to
  113. imitate the European royalty and a lot of different ways.
  114. And so again, that's what this lesson is about is
  115. helping you visualize what things looked like.
  116. And so I'm just gonna give you a couple small
  117. examples here.
  118. So this is Alva Vanderbilt who marries into the loser
  119. only $100 billion Vanderbilt family.
  120. All right, she she This is a dress that she
  121. wears, her policy that she throws in 18 83.
  122. All right, just look at this picture for a second.
  123. She's got doves like she's got doves in this picture,
  124. and I honestly, I really wonder, like I feel like
  125. they've got to be taxidermy like they've got to be
  126. dead or fake doves that she's got stuffed and she's
  127. just holding them like I want to be heralding dogs.
  128. And I'm sure that made sense in her mind.
  129. Anyway, look at her hat like this dress.
  130. Okay? Again.
  131. She's this the imitation of opulence opulence.
  132. All right, That's what she wants.
  133. Uh, this is her mansion that Alva Vanderbilt has built
  134. in New York City on dso again.
  135. This is her.
  136. This is a private residence.
  137. This is her home is where she lives on.
  138. Did you look?
  139. It's just huge on.
  140. Then there's another visual representations to eso.
  141. Another thing that that super crazy rich people do is
  142. they were just there, throw parties, and so on The
  143. left is a artistic, like painting representation of maybe what
  144. one of these parties might have looked like.
  145. And, uh, the photo on the end is is like
  146. a banquet halls again.
  147. Just look it like the chandelier.
  148. Look at the candlesticks.
  149. Look at the people.
  150. Look at the wallpaper.
  151. There's this, like, excessive and like, compulsive mean to be
  152. as extra as you possibly can.
  153. And that was totally the nature of time.
  154. Like if you have a stupid, crazy amount of money,
  155. you're like, what can I, you know, decorate even more
  156. so? And that's what you did.
  157. So the my little Onley thing like note that I
  158. want you to write down like they build mansions and
  159. they throw parties.
  160. Now, of course they did.
  161. You know, they invested it and then, you know, they
  162. grew their businesses.
  163. But we're gonna talk about that later.
  164. Today is all about the opulence.
  165. All right, um, so if we're talking about the Gilded
  166. Age again and gilding means to play something in gold,
  167. what are we playing, this is for sure, the shiny
  168. gold plating or covering something up.
  169. What? We're covering up.
  170. All right, so in 18.
  171. 90 the U.
  172. S population is around 63 million people, and the richest
  173. 1% of those Americans own 51% off American wealth.
  174. Alright, 1% of people own half of America.
  175. Uh, so 1% of people is about 600,000.
  176. All right.
  177. And now you know, of course, Andrew, Carnegie and Rockefeller
  178. and the loser Vanderbilt's are among the 600,000.
  179. And maybe not everyone has got the mansion in New
  180. York City.
  181. But like, there's, like a lot of people that are
  182. still doing really good, like in the various businesses and
  183. industries. And they are living the high life.
  184. Alright, so that is a very small portion, even though
  185. 100,000 people, it's like a lot of people, but there's
  186. another 50 million or so you know, that they're like,
  187. they're like, not doing great.
  188. They're, like, really like not doing great, OK, eso this
  189. that I'm presenting to you here.
  190. I'm calling this like with a caveat.
  191. And, man wells American social class proportions of 18 90
  192. because I try really hard to find this information and
  193. get these statistics a little bit better.
  194. And I just like, I don't know, this is the
  195. best that I could do.
  196. So this is what I am asserting to the best
  197. of my knowledge.
  198. All right, so the crazy rich or about 1% of
  199. our population and there's another like middle class that are
  200. probably doing okay.
  201. They've probably got some kind of skilled job, like they're
  202. a tailor.
  203. So they make clothes, um, like, like, you know, personally.
  204. Or or maybe there are farmer, uh, maybe, you know,
  205. they got the homestead act.
  206. Maybe there.
  207. Maybe there, cowboy, I don't You know eso people some
  208. people are doing They're doing okay.
  209. All right.
  210. But then there's another on my colors, a little messed
  211. up here.
  212. There's not, like 44% that air poor.
  213. And then up here there's another like 45%.
  214. This is a little dark here, but like dirt and
  215. less than dirt poor.
  216. All right, so this is a time of the era
  217. of, like mass manufacturing and factory work and also child
  218. labor. We'll talk about child labor later on, De So
  219. they This is your your poor.
  220. You know, maybe every member of your family is going
  221. toe work, and maybe they're getting a dollar or two
  222. a day, and that would probably put you in, like,
  223. probably the arguably poor category.
  224. I mean, there's other people who, for whatever reason, you
  225. know they're less than poor, like they are super in
  226. debt or maybe their family.
  227. You know, somebody is sick or injured, and they just
  228. they can't afford to send everybody to work.
  229. So maybe on Lee, the dad gets to Goto work
  230. and Mom is at home with the kids.
  231. Maybe Dad's not even there.
  232. Maybe. Maybe, you know it's not a thing, So there's
  233. just the point is there's a lot of people not
  234. doing great, all right?
  235. And so when we talk about gilding, where there's this
  236. gold plated thin cover that is covering up something underneath,
  237. and I'm hoping I'm painting that image for you now.
  238. So Mark Twain is the one who's really credited, and
  239. he actually is credited with saying Gilded Age and historians
  240. now use Mark Twain's reference of the Gilded Age to
  241. refer to this time period because of that.
  242. So I leave you with one more visualization here and
  243. is a political cartoon.
  244. I don't always love political cartoons, but we will explore
  245. this one a little bit more.
  246. Um, it's called the Protectors of Industries, and that's what
  247. the title is down here.
  248. And I want you to think about who are the
  249. protectors of our industries.
  250. And another quick reminder.
  251. Industry is just It's a type or category of business.
  252. So let's take a look at this image.
  253. Global closer, right?
  254. So we got these four fat dudes up at the
  255. top here.
  256. They got dollar signs on their bellies.
  257. They're sitting on bags.
  258. That's a million's.
  259. You can notice the guy on the right, says Vanderbilt.
  260. So there's There's a boy, the loser $100 billion corner
  261. near these Vanderbilt.
  262. The other two dudes, we're not gonna worry about them.
  263. I think they're bankers, but they're gonna look down at
  264. the bottom of the picture.
  265. And we got some guys there hunched over.
  266. They got aprons on, so sort of suggesting they are
  267. probably our workers are laborers.
  268. This guy's got a hammer or an ax in his
  269. hand, and so they just they don't look very comfortable,
  270. right? And then we move up here and you can
  271. see on the structure.
  272. It's got the name of some of our industries, like
  273. tin and paint and oils.
  274. I'm not sure what that says in the back paper
  275. leather. And then you got paper and leather workers $6
  276. a week, $7 a week, Wu $67 a week.
  277. Over here, you've got the cloth workers average $9 a
  278. week, and the linen workers Whoa, look at the linen
  279. workers. 11 whole dollars a week for the linen workers
  280. guys, they are wakened it in.
  281. Maybe not.
  282. Um, so we'll talk about this image a little bit
  283. later. Thio thinking about the protectors of our industry and
  284. also thinking about the figurative meaning of Gilded Age and
  285. the things that the gilding is covering over.
  286. And I also hope that this this lesson help you
  287. visualize what some of the things were like that we
  288. will explore a little bit more in the future lessons.