Wednesday, December 12, 2007

LAD #17

LAD #17-The Gospel of Wealth
This essay by Andrew Carnegie is about the duty of the upperclass wealthy who have built massive fortunes through various industries during the Industrial Revolution. He feels that is the moral responsibilty of the wealthy to work to help benefit those less fortunate than themsevles. In his opinon, the wealthy should be in charge of distributing the money because they have the most experience, background and knowledge about how to rightfully distribute the money in the most effective and beneficial ways possible. Carnegie also supports the governments policy of lassiez-faire, which applies little government in the business affairs of the nation because he feels it is the duty of industrialists to control the economy and look after that it succeeds and that men should work as hard as possible to achieve their goals and to excel and become wealthy. Another major belief of Carnegie's was that taxes and donations should be use to benefit the nation in ways such as public libraries, schools, institutions and community buildings. Carnegie had a strong belief in what should be done in the nation, especially with its economics to help better the lives of others.