Andrew Carnegie's The Gospel Of Wealth

Written in 1889, Gospel of Wealth, is an article by Andrew Carnegie which discusses the responsibility of philanthropy by those with surplus wealth. Carnegie strongly disapproves of the phenomenon where wealth is bequeathed. Rather, he argues that the best way in distributing excess money is for public benefits. Carnegie is opposed to any display of extravagance, squandering, or greed because these create wealth inequality. Although Carnegie believes that wealth inequality is inevitable, he thinks that if the wealthy spend their surplus money cautiously, then society would be genuinely enhanced. Three modes of disposing excess wealth arise; families leaving their money to their descendants, spending on public projects, or simply administering during the lives of the wealthy themselves. Wealth inequality did not always exist in human life. In fact, “Human life have not only been changed, but revolutionized, within the past hundred years” (Carnegie 1). There used to be

However, this has been found to be insufficient in maintaining the original title because “Its soil is rapidly passing into the hands of the stranger” (8). In a case where the successor strongly wants to pass down their legacy, they should at least divide the money among children equally. Honestly, why do men leave their riches to their children? It does not seem to be a gesture of love. In fact, these bequests are more likely to be used improperly than for the good. If one truly wants their descendants to be successful, he should not just hand them money. Those who are simply given money are unworthy, and bound to attain nothing but poverty. It is essential to prepare children and teach them to earn a livelihood. Additionally, one should ingrain the sentiment of involving themselves in labor for the pure benefit of the