Andrew Carnegie was a Scottish-born American industrialist who gained great wealth in the steel industry before turning into a major philanthropist. His family moved to America to seek better economic opportunities. He started out working in a cotton factory as a boy and then rose up the latter of command through time. By his early thirties he was already well off and realized he wanted change. In 1901 he sold his company to J.P. Morgan for $480 million dollars and devoted himself to philanthropy. His most renowned work is The Gospel of wealth in which he chose to live his day to day life by.
His great work, The Gospel of Wealth, raised many questions about the economic system and how many things were unfair for the common man. His main argument …show more content…
His actions were as powerful as his words when it came The Gospel of Wealth. When making the transition to philanthropy he did not just want to spread his knowledge, he wanted to become wiser. Therefore, he showed the world what he meant through his generous acts. He did not however, believe in giving money to his future generations but rather investing in the public good. In his argument he says that "The man who dies thus rich dies disgraced". The reflection of this statement to his real life is that before he died he gave away some $350 million dollars which was the bulk of his wealth. He then went on to state in his work that "a moral obligation to distribute in ways that promote the welfare and happiness of the common man". Here he is talking about sharing the knowledge of how to make it in the world and sharing how one becomes better off. Here the reflection shows when Carnegie funds over 2,500 public libraries and makes generous donations to many churches and organizations that are still around today. He also in his last years kept giving to that "moral obligation" by dedicating much of his time, money, and research into education, science and world
His great work, The Gospel of Wealth, raised many questions about the economic system and how many things were unfair for the common man. His main argument …show more content…
His actions were as powerful as his words when it came The Gospel of Wealth. When making the transition to philanthropy he did not just want to spread his knowledge, he wanted to become wiser. Therefore, he showed the world what he meant through his generous acts. He did not however, believe in giving money to his future generations but rather investing in the public good. In his argument he says that "The man who dies thus rich dies disgraced". The reflection of this statement to his real life is that before he died he gave away some $350 million dollars which was the bulk of his wealth. He then went on to state in his work that "a moral obligation to distribute in ways that promote the welfare and happiness of the common man". Here he is talking about sharing the knowledge of how to make it in the world and sharing how one becomes better off. Here the reflection shows when Carnegie funds over 2,500 public libraries and makes generous donations to many churches and organizations that are still around today. He also in his last years kept giving to that "moral obligation" by dedicating much of his time, money, and research into education, science and world