LAD #17.

LAD #17
Andrew Carnegie:
The Gospel of Wealth, 1889

The beneficial and necessary changes that have changed civilization throughout the centuries, have left society with the problem of the administration of wealth. These changes are essential because they have shaped the progress and interests of our race. The aim of the attainment of wealth is tied to competence, as wealth allows for education and maintenance of families and individuals. The three modes of which surplus wealth can be disposed of include the giving of money to the deceased’s family, leaving the money for public purposes; and it can be administered during their lives by its possessor. The first two modes, are completely foolish, as men should not give all their money to their children, as these children will simply be burdened by this so called affection; and as for the second, men should not wait until they are dead to take part in charitable deeds. This leaves the last mode, in which men shall do with their money as they please through lie, without being wasteful or foolish. Wealthy men must set the example for the rest of society, while living modestly without surplus extravagances.