Andrew Carnegie Inequality Essay

The owner is using the reasoning from Andrew Carnegie. Andrew Carnegie would agree with this because the economic success is most profitable for the business and this makes it inequality is good. The business will benefit from this decision by not giving a raise. Then it is okay to not give a raise to benefit the company. Inequality is essential to a business because it increases the standard of living. This inequality is beneficial in business because it has the goals of the business not the workers that’s one way you can achieve them. The workers at least some have something they are getting paid for doing work. The process in this business the right time isn’t to give a pay raise right now because of the stockholders.
If you don’t have a stockholder for this business then it’s mostly that it won’t last long. If they give the workers a pay raise then the business won’t have as much money so the stockholders will withdraw from the business. To be a good business person isn’t like a good person, they are looking out for the business not for the moral of the workers. Stockholders are a big part of this business. The zero-sum game plays apart in this scenario, this means when one individual wins and the other loses. In this sense, the business will win by keeping their stockholders happy and the workers
will lose because they aren’t getting a pay raise.
I believe that he makes the right decision because if you don’t have stockholders then that business could fail.
If this business doesn’t have the stockholders then there won’t be a business at all for the workers to work at. This means, if there isn’t a business to work at then they won’t have a job then they won’t get paid at all. So this means that the business owner made the correct decision because either he won’t have a business because of the pay raise or he will have a business. Friedman would agree with this decision because there isn’t a moral responsibility to the worker. Workers are simply functionaries of the owner to use for the benefits of the
company.
For the business owner he is correct in the situation. This situation would be hard to make but thinking that either you raise the worker's pay or have a business makes it easy to see the correct decision to make. In my opinion, they did the correct thing even though that it might have not been the most moral thing to do for the good person but for the good business person it was the correct way to go. For the workers to say they need more money they are in relative poverty and not absolute poverty. If the workers were in absolute poverty then that would mean that you would need to help the workers. In this case the workers are just in relative poverty, so you don’t have to help them because they are absolute poverty.