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Leaving large sums of money to descendants might not be a wise idea, but if more middle-class or poorer families do not leave their children anything, it can keep them from getting a leg up and possibly bettering their own lives. This would perpetuate the class and socio-economic status of that hereditary line, and thus not enable these people to obtain the sort of wealth that Carnegie had and was talking about in his gospel. This is very related to the idea of economic growth; without putting a substantial amount of capital back into industry, there would be no economic growth. Carnegie states in his gospel that the goal of spending during one's lifetime is to enrich the poorer people and enable them to obtain better lives and standards of living. If there is no economic growth, then there won't be any well-paying...
Carnegie addresses many of the philosophical, ethical, and moral issues involved with the accumulation and distribution of wealth, but despite his obviously apparent expertise in business, his gospel is quite short on practicality.
It is somewhat surprising that Carnegie's treatment of this economic topic is so lacking in reference to actual business matters. Then again, it is perhaps indicative of Carnegie's character. He believed in people, and in the right of all people to have access to certain commodities and luxuries. His "Gospel of Wealth" is further evidence that he did not see people and money as purely numeric functions that required control and accumulation, but rather that he saw them as human beings, worthy of and necessitating respect.
Carnegie Andrew Carnegie: Robber Baron or Captain of Industry? Harold Livesay's biography of Andrew Carnegie portrays a man that can be called at once both a Robber Baron and a Captain of Industry. This paper will attempt to show how each title applied to Carnegie in his lifetime and how, in fact, the two titles (far from being dissimilar) may actually be considered synonymous. Andrew Carnegie's humble beginnings do not necessarily qualify him
There would be other incidents of violence, and it is that part of Carnegie's history where we are able in retrospect to see him as a businessman in retrospect. There are some historians and researchers who believe that Carnegie and other wealthy men of the industrial era were not just men focused on building their industrial empires, but who were also focused on building world empires (Jenkins, Dominick, 2005, p.
His legacy lives on through his foundation, and most especially the structures he endowed upon his fellow man. REFERENCES Carnegie, A. And Gordon Hunter. The Autobiography of Andrew Carnegie and The Gospel of Wealth. Signet, 2006. Garrison, L.D. Apostles of Culture: Public Librarian and American Society. University of Wisconsin Press, 2003. Koch, T.W. A Book of Carnegie Libraries. BiblioBazaar, 2009. Lorenzen, M. "Deconstructing the Carnegie Libraries: The Sociological Reasons Behind Carnegie's Millions to Public Libraries." Illinois
However, Andrew Carnegie did give, and his money has indeed benefited many millions of people all around the world, and people today can make use of the many libraries that he has built, in order to acquire knowledge and thereby better themselves. It must be remembered that Andrew Carnegie had a strong belief in the meritocracy of the United States of America, and also that his free libraries would
Role of Andrew Carnegie Andrew Camegie Andrew Carnegie and the Rise of Big Business Was Andrew Carnegie a "Robber Baron" or a "Captain of Industry"? Andrew Carnegie was a Scottish American born on 25th November 1835. He was an ordinary person but then he succeeded in becoming an entrepreneur, industrialist and a businessman who made a great contribution towards the expansion of American steel industry in the late 19th century. The book, "Andrew Carnegie and
Andrew Carnegie�s Gospel of WealthFrom the onset, it would be prudent to note that �The Gospel of Wealth� happens to be one of the most profound writings of the 19th Century. This is more so the case owing to the timeless relevance of the subject matter. However, before delving deeper into this great piece of writing, it would be prudent to first familiarize ourselves with Andrew Carnegie, the author of