LAD #21

• Andrew Carnegie was an extremely wealthy and successful business man in America, someone who made money by supplying the rapidly growing iron and steel business. In his "Gospel of Wealth", he describes the many benefits of a capitalistic society for large businesses. He also suggests that the gap between the wealthy and the poor in America is actually better than if everyone shared the wealth- this is yet another reason why the big businesses are good. He points out that the robber barons, although attacked by some critics, are really quite helpful to American society in that they give hefty contributions to social projects. It was his belief that it was the job of the wealthy to give back to the poor to help them stay relevant (Carnegie himself was a philanthropist).