Analysis Of The Gospel Of Wealth By Andrew Carnegie

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The Gospel of Wealth was written by Andrew Carnegie, one of the wealthiest and most successful industrialists of his time. Carnegie was born in Dunfermline, Scotland, and after Industrialism swept his town, his parents were out of work, causing Carnegie’s family to immigrate to the United States. He taught himself how to read at libraries. He then gradually worked his way up through the steel industry to become one of the most successful businessmen and philanthropists of his time. Carnegie wrote The Gospel of Wealth because as a wealthy man, he felt that he was responsible for filling the void between the rich and the poor with his money, and he wanted to encourage other wealthy people to follow. He viewed this as a solution to publicly financed social welfare and urban reform. Carnegie also wrote pieces titled Triumphant Democracy (1886), The Empire of Business (1902), and Problems of To-day (1908), along with an autobiography released in 1920, shortly after his death. …show more content…
According to the foundation’s website, The Carnegie Corporation of New York has donated millions toward the construction of public libraries, concert halls, and resources to benefit higher education. Today, the company gives generous grants to aspiring programs pertaining to education, democracy, and the promotion of international peace. The Gospel of Wealth deals primarily with philanthropy, but Carnegie also demonstrated strong beliefs in how capitalism shaped the Industrial

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