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Word Count: 1,791
Gould v Lloyd Are government regulations really needed in the late 1800s to stabilize industrialization or is control by the governmentcontrary to our institution To better describe the long time feud between ideas we will be using two documents titled Testimony before the US Senate 1883 and The Political Economy of Seventy-three Million Dollars 1882 to compare and contrast the two different view points of industrialization The first document is about Jay Gould as a very rich self-made man speaking to the US Senate about the problem between the two ever growing social classes the social classes being between the workforce and the employers Gould is faced with explaining the problem of the classes and has to respond to its solution Goulds response differs tremendously from the response of Henry Lloyds In the second document Lloyd tries to summarize Goulds life in one short document Lloyd takes a very negative approach to describing Gould and his theories because they go against his religious beliefsduties Because both Goulds and Lloyds upbringings were very complementary to the others their stances on the historical problem of industrialization is able to be compared and contrasted very easily to best break down both of their solutions to the problem The background to Gould and Lloyd played a large role on their stances in industrialization Because of the large difference in background before the industrialization their motives have differed from one and other in a complimentary manner Gould came to America as an immigrant that had nothing From hard work and perseverance he was able to work his way up through the ranks From his ability to work from nothing to something he is a supporter of Social Darwinism that allows companies to compete and let the fittest company excel Another motive he had was to get as rich as possible as fast as possible Gould gained the reputation of not caring about who he climbed over to get his money
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