Carnegie believed that the contrast between millionaire and laborer is welcoming because it is essential for progression. He also thought that there were three ways to dispense money: leave it to family, give it to the public, or give it away while still alive. The first is the most unjust way, why should a child gain everything? The second is just a way to dispose of money and it will be heavily taxed. the third is the "true antidote". Additionally, it is the duty of a wealthy man to be a role model and set an example of modesty.
Wednesday, December 9, 2015
LAD #21: Carnegie's Gospel of Wealth
Summary of Andrew Carnegie's Gospel of Wealth -
Carnegie believed that the contrast between millionaire and laborer is welcoming because it is essential for progression. He also thought that there were three ways to dispense money: leave it to family, give it to the public, or give it away while still alive. The first is the most unjust way, why should a child gain everything? The second is just a way to dispose of money and it will be heavily taxed. the third is the "true antidote". Additionally, it is the duty of a wealthy man to be a role model and set an example of modesty.
Carnegie believed that the contrast between millionaire and laborer is welcoming because it is essential for progression. He also thought that there were three ways to dispense money: leave it to family, give it to the public, or give it away while still alive. The first is the most unjust way, why should a child gain everything? The second is just a way to dispose of money and it will be heavily taxed. the third is the "true antidote". Additionally, it is the duty of a wealthy man to be a role model and set an example of modesty.
Subscribe to:
Posts (Atom)