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Analysis Of 'The Gospel Of Wealth' By Andrew Carnegie

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“The Gospel of Wealth” is an article written by Andrew Carnegie. Carnegie was well known for his role in transforming the American Steel industry in the late nineteenth century. Carnegie was born in 1835 to Scottish immigrants. He was able to control the steel industry by not only owning the factories, but also owned the land with iron deposits, he also owned the boats and the trains which the raw materials were transported on, which is known as vertical integration. After creating a large fortune in the steel industry, Carnegie, sold his company and decided to focus on philanthropy. The “Gospel of Wealth” pushes philanthropic ideas in order to settle the issues of wealth inequality at this time. This document argues that it is the duty of
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