Gospel Of Wealth

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Andrew Carnegie is considered as one of the wealthiest American entrepreneurs who lived in the 1800s. From a peasant immigrant, Carnegie managed to build massive steel conglomerate which multiplied his wealth substantially. He greatly campaigned for building wealth by rich business people and wise use of the wealth. According to him, he believed that wise use of wealth entails sharing it people and therefore ensuring community benefit. In his article, he strongly emphasized on the value of community responsibility by death for public uses”. Wealth at of leaving the upper class who managed to make themselves rich. This is evident by the statement “As to the second mode that He perceived this strategy as the best way of dealing with wealth inequality”(U.S. Survey Course 14). However, his advocacy was not received positively by other entrepreneurs of the time.
In his article, Carnegie assumed that there is no other way of helping the poor or rather filling the gap between the high class and the low class except community responsibility. The statement “It is well to remember that it requires the exercise of not less than that which acquired the wealth to use it to be beneficial to the community” confirms his idea (U.S. Survey Course 14). He believed that people in different social classes are likely to maintain their social status unless the self-entrepreneurs use their wealth objectively to change this si…