LAD/Blog #22: Carnegie's Gospel of Wealth:

Andrew Carnegie's "Gospel of Wealth" voices how the difference between the rich and the poor have benefited civilization. Carnegie incorporates the idea of Social Darwinism, or survival of the fittest. He expresses that "while the law may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department." Therefore, Carnegie portrays how the imbalance in the society had been beneficial since the "strongest" citizens are the people who advance. He says that the "good old times" were not really the "good old times;" that the capitalism that has grown in society has created an imbalance. Yet, this imbalance is not bad. It is good, in fact. It is better than a sense of comfort within the community. So, Carnegie asks, "What is the proper mode of administering wealth?" He states it can be either passed down through the family, left for public purposes or the person can distribute the wealth themselves. He also expresses the obligations of the wealthy: to live an unostentatious life, to consider administering his revenue,  and to foresee the prospects which administering his wealth would grant to the community. Carnegie ends his "Gospel of Wealth" with "The man who dies thus rich dies disgraced." Therefore, it is clear Carnegie believes that the wealthy should administer their wealth in thinking of society.

Andrew Carnegie is similar to Bill Gates, a modern day philanthropist. Bill Gates donates money to a foundation to increase healthcare and reduce extreme poverty. This follows Carnegie's theory of aiding society by administering wealth.