Thursday, December 9, 2010

LAD #21: Carnegie's Wealth

A very successful man, Andrew Carnegie (1835-1919), became wealthy in the industry of iron and steel. In his Gospel of Wealth, Carnegie explains how wealth and money should be handled to ensure it is protected and can be worth it. Also, he asserted that wealthy people were needed to keep a society balanced and so that they could distribute this money. Three ways of distribution were described: after death money could go to one's family, the society, or even give money away before death.

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