The Gospel Of Wealth Summary

706 Words2 Pages

In the article, The Gospel of Wealth, written by Andrew Carnegie, he discusses the importance of the new self-made millionaires to practice the philanthropy of improvement. The philanthropy of improvement encompasses advancing an aspect of society by providing opportunities to climb the ladder of opportunity. Carnegie noted the gap between the worker and employer had grown exponentially due to the industrial revolution and believed that it was up to the wealthy to develop methods of improvement. The gap between the worker and employer resulted in no sympathy for each other between the master and apprentice as well as people beginning to lose hope in the ladder of opportunity. Carnegie realized that there was inequality in America and he did not want to fundamentally change it; Carnegie valued the gap of the rich and poor. But, it was the prosperous’ responsibility through the philanthropy of improvement to help the impoverished maximize their human potential because of “the ties of brotherhood” (Carnegie 198) that bound the poor and rich. Carnegie felt the affluent should dedicate time and their surplus wealth while alive to invest in the community. He was against fortune “left to …show more content…

For example, Carnegie invested his money in public institutions such as libraries. He aimed to fix the problem keeping people from books with libraries. During a time of severe discrimination against minorities like African Americans, it was hard to find a safe place to learn and grow as an individual. The libraries provided a safe haven for people to sit down and learn about themselves and the society around them. The philanthropy of improvement does work for highly motivated members of a community that wish to pull themselves up the social ladder resulting in social reform. Therefore improving a community can lead to better opportunities which can change the view of people in a poverty-stricken

Open Document