1. Gold Rushes, Universities and Globalization, 1840–1910.
- Author
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Harvey, Caitlin
- Subjects
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GOLD mining , *UNIVERSITIES & colleges , *ENDOWMENTS - Abstract
The article explores the link between gold rushes and the establishment of universities, focusing on the impact of the Victorian era's global gold rushes after 1848. It argues that the influx of wealth from gold booms stimulated the creation of a specific type of university, termed "goldfield foundations," as the financial gains from gold rushes invigorated university-financing mechanisms. These universities, often established in settler societies, benefited from government grants, land endowments, and increased funding due to the wealth generated by gold. The article highlights how settler universities strategically capitalized on the social upheaval and population growth associated with gold rushes to uphold Old World values. The article contends that a specific set of universities across California, Australasia, South Africa, and parts of Canada owed their rapid formation to the global gold and mineral rushes of the period. The newfound mineral wealth during the critical period of these universities' formation added liquidity to colonial and institutional finance. Moreover, the social effects of gold rushes, such as population growth and social upheaval, stimulated regionalism and a desire to re-establish Old World hierarchies, making university building an attractive endeavor. The article also acknowledges the environmental and cultural costs associated with gold rushes, including ecological destruction and the neglect of Indigenous knowledge. It emphasizes the importance of documenting Indigenous perspectives and challenges the gold rush mythology. The universities, acting as social anchors amid the frenzy for gold, held expertise in place before releasing it to contribute to further mineral booms in different regions.
- Published
- 2023
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