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Interpretation of wealth and its uses by andrew carnegie
Andrew carnegie essay on wealth
Wealth andrew carnegie essay
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According to Andrew Carnegie, men of wealth should have to provide for the less fortunate and should set a good example. The men have to provide all the necessities for his family. Also the men of wealth had to give back to the community.
The response to poverty in the Gilded Age was the rich and the poor not being able to come to an agreement in response to those who can hardly make ends meet. Andrew Carnegie was one of the wealthiest men during the Gilded Age. Carnegie was not the best man to work for because he was against labor unions and approved using violence against his own employees. In “Andrew Carnegie, The Gospel of Wealth” It talks about how the rich and the poor could come together if they had the “proper administration of wealth.” Carnegie thought it was better to build institutions instead of give to the poor because the strength of the mind and body will benefit the community while solving the problem between the rich and the poor.
Andrew Carnegie and Samuel Gomper have different takes when it comes to the role that wealthy people should have in society. The two authors have opposed feelings toward the poor people being in the state of condition that they are in. Although their views are different what they are proposing in both documents can help the poor people. Carnegie’s The Gospel of Wealth focus more on what the wealthy people should do with their wealth to benefit the society.
In a brief introduction, the 19th century was marked by the development of scientific knowledge. The search for new technologies, leveraged by the Industrial Revolution, caused scholars to multiply in various areas of knowledge. At that time, various academies and associations geared for the "progress of science" recognized the figure of scientists and put them as important agents of social transformation. In 1889, with the publication of the book "The Gospel of Wealth", Andrew Carnegie comes to the classical approach of social responsibility of the large companies.
The captains of industry believed that the poor people were inferior to the rich people. The rich were superior because they had “wisdom, experience, and the ability to administer”. The duty of a rich person was to help out a poor person which was what was said in the Gospel of Wealth. The Gospel of Wealth is about how the rich person's responsibility is philanthropy. Carnegie believes in charity work so he would donate to libraries, and universities and schools and etc.
Andrew Carnegie, a Scottish was an immigrant who grew up poor who later became symbolic and widely known as the "American Dream" and one of the richest men in the country. Andrew started very young making money. Provided he had very little formal education, Carnegie grew up in a family that believed in the importance of knowledge, learning and reading books. Carnegie made his living and became so wealthy by being a Industrialist, businessman, entrepreneur and major philanthropist. His main source that lead to his wealth was his successful Carnegie Steel Company, which in the 1890's was the largest and most profitable industrial enterprise in the world.
449) In similarity in the ideas of enrichment of land Andrew Carnegie believed that the wealthy were responsible for the public good through decisive disbursement of their riches whether it be through art, parks, or public institutions and that the act of indiscriminate charity was a crutch for society, and that society mustn't stand still or move backwards if it is meant to thrive. Giving back to society through the act of erecting institutes of knowledge was Andrew Carnegies form of wealth and is shown in his use of hyperbolic rhetoric. While building public buildings, libraries and institutions was a form of charity in itself. Mr. Carnegie's goal was to offer the people a place where they could help themselves, and in the process of their growth become great within themselves, so that those people who rose through these public institutions given by him, could then offer in return their part to society instead of being the dreg of society and becoming a
Andrew Carnegie was a steel businessman and the richest man in the United State in half of 19 century. He was born in Dunfermline, Scotland in 1835. He lived in a poor place. So he decided to move to U.S in the late 1800s to have a better life. First, he worked in the railroad industry in seven years.
Andrew Carnegie Essay If I told you Andrew Carnegie was two-faced, would you believe me? He is the all powerful, self-made hero right? Well this “hero” was born in November 1835, in a Scotland settlement, living in the attic of a small cottage. He attended a one-room school with 150 people crammed into it.
In document B, we can see an article that Carnegie himself wrote, in June of 1889, where he states “(why should a man) wait until he is dead before he becomes of much good in the world?” He shows here not only his desire to help the world before he dies, but his aspiration that others do the same. He also expresses in the same article “The man who dies rich dies disgraced.” He again here exemplifies his want for the wealthy to do good for communities with their finances. These pieces of evidence show Carnegie not only wanted to make sure he was giving back, but that other affluent people were
Underpinnings and Effectiveness of Carnegie’s “Gospel of Wealth” In Andrew Carnegie’s “Gospel of Wealth”, Carnegie proposed a system of which he thought was best to dispose of “surplus wealth” through progress of the nation. Carnegie wanted to create opportunities for people “lift themselves up” rather than directly give money to these people. This was because he considered that giving money to these people would be “improper spending”.
As stated in Carnegie’s book, “Wealth”, Carnegie firmly believed that “The man who dies rich, dies disgraced”. By this, Carnegie means that if you don’t give money to a good cause, you aren’t repaying your debt to society. Carnegie also emphasizes how the rich should “throw”, or in other words, give money to the poor by being a charitable person. Another example of Carnegie;s influence is when he states “(Why should a man) wait until he is dead before he becomes of much good in the world?”. To put simply, Carnegie was a mass influencer/promoter of philanthropy, and he donated all of his money while he was alive because he thought he would make an impact while he was living to do “much good in the world”.
Andrew Carnegie was the second richest man in the world at the time he wrote “The Gospel of Wealth”. Carnegie stated that the rich have been blessed and “should be thankful for one inestimable boon” he went on to talk about the power this gives the wealthy to better the communities present lives and the generations to come. Carnegie said that living like Christ is not what we should do but instead we should live by His Spirit because times have changed drastically. Carnegie thought that spending large amounts on extravagant things was an abuse of wealth. He believed that living modestly and simpler was a healthier lifestyle.
Rather, he thought that wealthy men had a responsibility to determine how the money they made was spent. Carnegie himself became a huge philanthropist and his essay, “The Gospel of Wealth” started a large wave of philanthropy. His essay states that the “surplus wealth of the few will become, in the best sense, the property of the many, because administered for the common good, and this wealth, passing through the hands of the few, can be made a much more potent force for the elevation of our race than if it had been distributed in small sums to the people themselves.”
He believed that if the wealthy don't give back some of their profits to the community, they are living a dishonorable life, and although I didn't necessarily agree with this radical viewpoint at first, I now am a firm believer in Carnegie's argument about wealth.
