“The man who dies thus rich dies disgraced.” This is a famous quote from Carnegie, expressing his attitude towards wealth. Back in Carnegie’s time, property was an issue to the majority of people and thus was considered important; however, when Galbraith wrote his essay, poverty became a minor social issue and received less political attention. Their different historical background and perspective result in different opinions on wealth and poverty. Galbraith would criticize Carnegie’s idea of the Law of Competition, ways to aid, and responsibility and ability of helping the poor. Galbraith would disagree with Carnegie’s point on the Law of Competition. Carnegie believes that this law is beneficial to the race since it is the natural rule of