Wealth
Andrew Carnegie
The Gospel of Wealth, was an article written by Andrew Carnegie in 1889. It describes the responsibilities of the upper-class of self-made rich. He stresses that the wealthy entrepreneur should distribute his fortune to be put to good use, and not wasted. In the book, it says that giving an abundance of money to charity is not good enough, because the charities may not put the money to good use. It is best to give your money to the community in a way that could improve their living conditions and that the money could be recirculated in the community.
"The man who dies thus rich dies disgraced." The Gospel of Wealth was one of the first time's America's wealthiest men had spoken up about how to put their large fortunes to use. Many of America's wealthiest were giving money away to charities, but in this essay it shows that giving money away to charity is not the best option. The Gospel of Wealth set a new standard in how large business owners should spend their fortunes: by helping the community in a way that they need and will use to help them advance in life. |