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The Gospel of Wealth

"The Gospel of Wealth" was an essay written by industrialist Andrew Carnegie in 1889. Carnegie professed the virtues of a Laissez-faire system in which the government did not interfere with a corporation's right to do as it pleased. Carnegie made it clear that the wealthy were responsible for the recirculation of their money back into society where it could be used to support the greater good.

Carnegie himself practiced this procedure, and in his later years gave money to establish public libraries, schools and swimming pools.

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Andrew Carnegie | Gilded Generation

 

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "The Gospel of Wealth".

 

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