The True Gospel of Wealth: Andrew Carnegie.

Topics: Wealth condensation, Distribution of wealth, Wealth Pages: 2 (696 words) Published: October 22, 2012
U.S History

September 17,2012

The True Gospel of Wealth: Andrew Carnegie

The True Gospel of Wealth, an article written by one of the richest, most powerful men of the 19th century, is a guide to a nation virgin to mass amounts of wealth, and power. Carnegie is a self made millionaire, who immigrated to the United States with less than a dollar in his pocket. This fact would serve important in Carnegies epic rise to fortune, also in developing such philosophical understandings as, The True Gospel of Wealth.

Andrew Carnegie was a firm believer in idea of individualism. That everyman must work and rise on his own ambition alone, that each man for themselves. In other word, he did not believe in the communist thought of working for the wealth of your brotherhood. Carnegie describes it as evolution of the human class. That it is beyond human control to determine the distribution of wealth. It is good for a nation to have, one end the wealthy, while on the other side, the poor. In this, our nation has grown to know a higher grade of living than what our forefathers experienced. Carnegie goes on to say,

“The poor enjoy what the rich could not before afford. What were the luxuries have become the necessities of life. The laborer has now more comforts than the farmer had a few generations ago.”

This passage explains Carnegie’s idea that as the rich get richer, the poorer ultimately reap the benefits of this evolutionary growth of class. This, in fact, depended entirely upon the mode of distribution of wealth the rich man chooses.

Moreover, Carnegie explains that there are three different modes of distribution a rich man can employ. The first mode described, a bestowment of fortune to the first son. Which was a common practice during many years of a stringent class system in Great Britain. This ultimately led to a burden of wealth amongst rich who have no conscientiousness of how critical proper distribution of wealth is for evolutionary...
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