LAD #21: Carnegie's Gospel of Wealth

Super successful businessman, Andrew Carnegie, wrote his "Gospel of Wealth" in the June of 1889.  He starts off by saying that it is a good thing that there is rich and poor because the gap between the two shows how much we have accomplished in society.  He believes that the more that's accomplished, the better off everyone gets.  He goes on to say that circumstances in society make it so only a small percentage of the population strike it rich.  The question that arises is what to do with the loads of money that these few make?  Carnegie believes he knows the answer, first saying that some of it goes to the family and education to continue the prosperity.  The surplus can go to 3 different places:

1) The next generation of family- Carnegie believed this was the most injustice because a last name should not always mean they deserve it, and therefore says that surplus should not all be passed down.
2) Having all money dispersed throughout the community when one dies- Carnegie believed this isn't the best because it would seem one would have to wait till death to help the world.
3) Spending throughout one's lifetime- Carnegie believed that this is the best option, as one can help out the community throughout their lifetime.

All in all, Carnegie never forgot his poor Irish roots, and stood firm in believing the rich should not flaunt their money, and that it was their duty to instead donate it to help improve the world.