Analysis Of Andrew Carnegie's The Gospel Of Wealth

In the late 1800s and early 1900s, Andrew Carnegie, accompanied by John Rockefeller and others, was a "dictator of [his] industry" - steel - allowing him to become on the most successful men in United States history. With his surplus of wealth, Carnegie became a philanthropist, constantly seeking social and economic equality to better society. Carnegie wrote The Gospel of Wealth, a detailed, brief article that illustrated his personal belief of the ever widening gap between the wealthy and poor in the United States. He believed that while this economic fissure may seem unfair to many, it is necessary in order to for society as a whole to progress. I agree with these statements made by Carnegie and believe if his suggestions are followed we could witness true prosperity in our country. As aforementioned, Carnegie mentioned their was a ever widening separation between the upper and lower classes. This point is demonstrated when he juxtaposed the relationship between modernized workers and their employers …show more content…
While many are under the impression that the really rich should evenly divide up the money they were going to donate to those who needed it, this is a common misconception as "of every thousand dollars spent in so called charity today, it is probable that $950 is unwisely spent." As stated by Carnegie "the great sums gathered by some of their fellow citizens and spent for public purposes, are more valuable to them than if scattered among them through the course of many years in trifling amounts." To translate this into lamen terms, Carnegie doesn't trust the poor to properly manage their finances and as such believes he and his wealthy counterparts should decide where to focus their money so that it is spent wisely and effectively for everyone's

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Analysis Of Andrew Carnegie's The Gospel Of Wealth

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