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

Andrew Carnegie was a philanthropist, with his wealth based on iron and steel of the railways, he also helped defined the "gospel of wealth". He felt that there was a larger gap between the rich and the poor. Yet civilization should welome the change as highly beneficial, since it means that people who work hard, get the money and get ahead. There are three modes for which surplus wealth should be disused of: left to families of the decedent, given for public purposes, or administered during their lives by its possessors. Leaving the money to descendents, burdens the children. It is does not benefit for the state, and does no good, therefore, is improper use of surplus. Leaving it for public use, after death, only proves that the man is content to wait until he is dead before he provides for the poor and helps the world. Thus the only, proper mode to dispose of surplus is to distribute during one's lifetime. Thus allowing the masses to benefit and the general public. This is the duty of the man of Wealth, to set an example for others to follow, and consider all surplus revenues with care.