Andrew carnegie gospel of wealth essay

Why should men leave great fortunes to their children? The Socialist or Anarchist who seeks to overturn present conditions is to be regarded as attacking the foundation upon which civilization itself rests, for civilization took its start from the day that the capable, industrious workman said to his incompetent and lazy fellow, "If thou dost net sow, thou shalt net reap," and thus ended primitive Communism by separating the drones from the bees.

He worked hard to control entire industries, rather than parts of many. Popular topics May 10th, Andrew Carnegie is widely known as a prominent millionaire and a steel magnate who gained fame for his characteristic attitude towards wealth and responsibility that is associated with it.

We might as well urge the destruction of the highest existing type of man because he failed to reach our ideal as favor the destruction of Individualism, Private Property, the Law of Accumulation of Wealth, and the Law of Competition; for these are the highest results of human experience, the soil in which society so far has produced the best fruit.

Even the most strenuous advocate of Communism must entertain a doubt upon this subject. Such men become interested in firms or corporations using millions; and estimating only simple interest to be made upon the capital invested, it is inevitable that their income must exceed their expenditures, and that they must accumulate wealth.

All progress from that barbarous day to the present time has resulted from its displacement. Under the law of competition, the employer of thousands is forced into the strictest economies, among which the rates paid to labor figure prominently, and often there is friction between the employer and the employed, between capital and labor, between rich and poor.

Andrew Carnegie’s Gospel of Wealth

Reception[ edit ] When Carnegie Steel busted the union inCarnegie was able to keep himself from blame because he focused on his new doctrine for the wealthy. Besides this, it may fairly be said that no man is to be extolled for doing what he cannot help doing, nor is he to be thanked by the community to which he only leaves wealth at death.

He claims in his essay that most heirs of big fortunes tend to use their inherited money in a foolish and inefficient manner enjoying the luxurious life instead of investing money productively and wisely for the sake of public good.

What were the luxuries have become the necessaries of life. It is well to remember that it requires the exercise of not less ability than that which acquired the wealth to use it so as to be really beneficial to the community. Neither master nor servant was as well situated then as to-day.

The Gospel of Wealth

Whatever makes one conspicuous offends the canon. Robert Bannister rbannis1 cc. The poor enjoy what the rich could not before afford.

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All intercourse between them is at an end. His father lost nearly everything he owned, and never recovered from the shock of his poverty, so Carnegie's mother supported the family until he, himself, was able to become the primary breadwinner, and support the family.

Nor need it be feared that this policy would sap the root of enterprise and render men less anxious to accumulate, for to the class whose ambition it is to leave great fortunes and be talked about after their death, it will at- tract even more attention, and, indeed, be a somewhat nobler ambition to have enormous sums paid over to the state from their fortunes.

Let us in turn consider each of these modes. His autobiography was published posthumously inwhich contained many gaps, since he died in the midst of writing his book about the outbreak of the First World War.

Andrew Carnegie’s Gospel of Wealth

The answer is that it is as impossible to name exact amounts or actions as it is to define good manners, good taste, or the rules of propriety; but, nevertheless, these are verities, well known although indefinable.

In former days there was little difference between the dwelling, dress, food, and environment of the chief and those of his retainers. It is a law, as certain as any of the others named, that men possessed of this peculiar talent for affair, under the free play of economic forces, must, of necessity, soon be in receipt of more revenue than can be judiciously expended upon themselves; and this law is as beneficial for the race as the others.

The contrast between the palace of the millionaire and the cottage of the laborer with us today measures the change which has come with civilization. It is criminal to waste our energies in endeavoring to uproot, when all we can profitably or possibly accomplish is to bend the universal tree of humanity a little in the direction most favorable to the production of good fruit under existing circumstances.

The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship. Even the most strenuous advocate of Communism must entertain a doubt upon this subject.

It is desirable ;that nations should go much further in this direction. One illustration will serve for almost every phase of the cause. Even if desirable theoretically, it belongs to another and long-succeeding sociological stratum. Public sentiment is quick to know and to feel what offends these.

Formerly articles Were manufactured at the domestic hearth or in small shops which formed part of the household. Neither the individual nor the race is improved by alms-giving.

To these who propose to substitute Communism for this intense Individualism the answer, therefore, is: In the commercial world similar causes have produced similar results, and the race is benefited thereby.Andrew Carnegie- The Gospel of Wealth Essay Andrew Carnegie had liberal thoughts, as expressed in his Gospel of Wealth.

I agree with the issues addressed in the Gospel of Wealth, such as giving your money away before you die, to further society. Andrew Carnegie wrote an essay called the “Gospel of Wealth” in It describes his idea of the responsibility of philanthropy (the love of man) by the people that acquired their wealth on their own, in their own generation.

Essay about The True Gospel of Wealth: Andrew Carnegie. Words | 3 Pages. True Gospel of Wealth: Andrew Carnegie The True Gospel of Wealth, an article written by one of the richest, most powerful men of the 19th century, is a guide to a nation virgin to mass amounts of wealth, and power.

The Gospel of Wealth by Andrew Carnegie. The greatest problem we face today is the proper administration of wealth, so that the rich and poor can live harmoniously. Essay title: Andrew Carnegie’s Gospel of Wealth Andrew Carnegie, born in Scotland, came to the United States in Here he started with nothing and turned himself into a self-made man/5(1).

Andrew Carnegie. The Gospel of Wealth. New York: Carnegie Corporation of New York, (first published in ).

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