The Gospel Of Wealth: Andrew Carnegie wrote this about the responsibilities of the wealth and how they should help the poor help themselves…
Carnegie argued against wasting of useful resources and capital in different forms of irresponsibility spending, extravagance other than promotion of the administration of said money. The case of building public institutions wills results to the improvement of the general conditions of the people in general. It is over the course of a particular person’s lifetime and also in connection with the cost of reducing the stratification that is between the poor and the rich.…
Andrew saw that urbanization and population growth were occurring. These changes and growths were generating a larger income gap between the upper and lower classes (Carnegie). Due to the fact that he grew up with the tough working conditions, he aimed to give back as much as he could. Additionally, he made sure the money he was giving back was not to be wasted. He stated in his article, “The Gospel of Wealth,” “Of every thousand dollars spent in so called charity to-day, it is probable that $950 is unwisely spent…”…
Andrew Carnegie talks about how the upper class have a responsibility to reduce excess wealth by being charitable to highlight the issues of wealth inequality. He suggests that society can use the wealth from the upper class more responsibly than the state. In the article, he talks about his dislike of people using money irresponsibly on material things. He suggests when the upper class distribute their wealth, they should do it in a way the promote responsible spending. He talks about how there are two types of wealthy people.…
Cited: Carnegie, Andrew. “Gospel of Wealth.” Hist 202 U.S.: A Narrative History Vol. 2 Ed. Jennifer Pickel. Boston: McGraw Hill, 2012: 13-14. Print.…
Carnegie has inspired women and men to use their funds to their communities. Although he advised other wealthy to use their money to benefit the communities and help in the preservation of the political system and America economy. I believe Mr. Carnegie’s argument is persuasive and is still relevant today. The wealthy, as well as small business owners, are the job creators in our society today. Their vision and leadership help to support the lower class in earning a decent living while allowing them to realize their own potential. The lower class today has more opportunities that were not available to them generations ago. While government is there to provide a safety net for those less fortunate, it is the wealthy and job creators that…
Gospel of Wealth: Carnegie’s philosophy that the millionaire had a duty to distribute wealth while still alive.…
Andrew Carnegie has a very unique perspective pertaining to the wealth in America and its distribution. Not only is he concerned about how much money is put to good use, but when; such as if the person donating the money is in life or after death. The “Gospel of Wealth” brings perspective of the nation’s money recirculation and the worth of a man by his generosity while living.…
Tim Blixseth kept explaining to us how most rich people he know were cocky, arrogant, stuck up or flamboyant. Tim was nothing like that; he didn’t want people to judge him accordantly to the other rich people. He strongly hated the fact that most rich people are jerks and looked down toward the middle/lower class. Money does change people a lot. I feel like if you were born with money and everything given to you, than you would be a stuck up person. But if you worked hard for your money than you know where you can from and would be cared hearted toward the lower class. Money is the root of all evil. It gives the wealthy a since of more power, makes them believe they rule us. By thinking this way, we all are going to be in trouble if they can get any more power. I believe that not all wealthy people do not have this type of attitude but most are by the way they were raised. But I believe that if you are raise your children properly and teach them the correct morals of life, then you can be a great person with the wealth.…
Andrew Carnegie’s views on wealth compared to the view of an average coal miner differ. Carnegie is the ultimate “rags to riches” story. As a young boy, Carnegie worked with Thomas A. Scott, his mentor, and through hard work, he became one of the richest men in history. However, money wasn’t everything to him. On the other hand, the average coal miners were in constant danger. They worked with the constant fear that they can be killed by “burning gas” or “crushed by cars.” However, the average coal miner’s pay varied from “$1.25 to $1.25.”…
No one can argue that America is the country of the human rights and freedom and many people around the world dream to live in this great place. However, big problem is going to reshape the American society if nobody tried to solve it. The dilemma is simply that the rich got richer and the poor got poorer as a result of inequality of money distribution among rich and poor people.America had created a marvelous economic machine, but evidently it worked only for that at the top. Both Joseph E. Stieglitz and Timothy Noahintroduce a very critical issue which affects the American society in these days, is the widening gap between the rich and poor people. Stieglitz claims that the American economic system is failing for most of Americans and the inequality is increasing to the extent that one day will be unaffordable. The rising gap is created by the one top percent who are taking advantage of making a huge wealth. They are driven by their greed to accumulate big fortune upon poor’s shoulders. Stieglitz came up with some evidence to support his claim. One of these is the new statistics fromCensus Bureau’s statistics that shows that the one top percent gain 20 % of the total American income. Therefore, Noah says that this inequality income creates and retains the capitalism system which forms a serious threat upon middle and lower class (Noah The Great par 3).…
Andrew Carnegie, born in Scotland, came to the United States in 1848. Here he started with nothing and turned himself into a self-made man. He was in fact, one of the richest men if this era. In 1889 he wrote “The Gospel of Wealth”. In this essay he discusses philanthropy and explains that with money also comes responsibility. He stated that obedience [to the Gospel of Wealth] will one day solve the problem of the rich and poor, and will bring “Peace on earth, among men good will.” I agree with this statement because the “Gospel of Wealth” claims that everyone is free to make as much money as they can, however, they should not leave it to their heirs and should use it to help mankind.…
As much a businessman as he is an innovator, Andrew Carnegie could just about accomplish anything he set his mind to. He had a canny way about him. His unwavering disposition, broad smile and way of words just seemed to get more effective as time went on. He grew up in Scotland in a very humble household and felt the pressure of poverty from an early age. To say that Andrew Carnegie helped shape America as to what it is now, is truly an understatement. He had the vision for the future and a why from the past. Andrew’s family, close friends, business partners and anyone who came into contact with him would know him as being bright, assertive and extremely generous.…
The Gilded Age was known as America’s golden age, where manufacturing, industry and urbanization were at it’s prime, where Business Tycoons held the market in their hands with large monopolies. There is much debate over whether or not these industrial leaders are Robert Barons, as in they used people for their own gain, or Philanthropists, as they helped others and the greater good. Some might argue that these people cheated their way to the top to amass great wealth, with no regard to the people around them. However, Business Tycoons in the Gilded Age were Philanthropists because of how they spread their wealth through charitable giving, funding or sponsoring colleges and aiding economy.…
Rich people not just carry on uniquely in contrast to working people, they really think in an unexpected way. One gathering has distinctive thoughts contrasted with the other. Marxists would propose that specialists and entrepreneurs REALLY do have clashing interests. The huge contrast here is additionally what Marxists would term the essential false notion in Capitalism. It is this: the best way to raise the benefits from offering of wares is to bring down the creation costs (e.g., cutbacks, wage cuts, longer working time, bringing down the cost of crude materials).…