“What if the proper mode of administering wealth after the laws (of survival of the fittest) upon which civilization have thrown it into the hands of the few?” (Doc. B - Andrew Carnegie) Andrew Carnegie was a Scottish-American, self-made entrepreneur who from the age of 24 was motivated and well to do. He was, from the start, always trying to find ways to make money. Finally, he found out a way to make steel that was stronger, more durable, and cheaper. An entrepreneur is someone who organizes a business to make money. Many people are debating whether or not Andrew was a hero or villain. With regard to his philanthropy, Andrew Carnegie was a hero because he spread wealth at Skibo, his philosophy was geneous, and the size of his giving was …show more content…
“The man who dies rich, dies disgraced” (Doc B)
He wanted to give his money away before death, and he had to decide what he was going to do with the money. Andrew says that there are three modes in which you can distribute your fortune; left for the families, left for public uses or lastly it can be administered by its possessors during their lives, which he states in Doc B. He knew that giving to society was the best, because of all of the poor, and that they would all be very grateful. He was more concerned about them, than anything or anyone, and man to he gave away a lot of money.
The amount of money Andrew was giving away each time was massive. Every time he donated, the amount would be beyond normal. For example, Andrew donated $50,365,000 to free public libraries to help society with education (Doc. C). He also donated $15,000,000 to the Teachers’ Pension Fund to help pay old age professors who were poor (Doc. C). Overall, Andrew decided to donate $350,695,653 to various organizations that help society. (Doc C). Even though Andrew’s Carnegie corporation’s net assets in 2005 were listed at $2,167,000,000, the amount he donated all together was more than