The Gospel of Wealth

The Gospel of Wealth

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The Gospel of Wealth, Andrew Carnegie's most famous essay, was written in 1889 and describes the responsibility of philanthropy by the new upper class of self-made rich. The central thesis of Carnegie's essay is that the wealthy entrepreneur must assume the responsibility of distributing his fortune in a manner that assures that it will be put to good use, and not wasted on frivolous expenditure. The very existence of poverty in a capitalistic society, Carnegie believed, could be greatly alleviated by wealthy philanthropic businessmen and women. The Gospel of Wealth is an eloquent testament to the importance of charitable giving for the public good.

Citation: 

Andrew Carnegie. 1889