The Gospel of Wealth

Written by Andrew Carnegie

Narrated by Michele Fry

What is the proper mode of administering great wealth? It is to address this question that steel tycoon Andrew Carnegie's famous essay "Wealth", or more commonly known as "The Gospel of Wealth" was written (in 1889). His answer – Philanthropy. Not just any philanthropy, but specifically, projects funded and overseen during the life of the magnate, for things that benefit the community and engage the public in maintaining long after the magnate is gone -- libraries, parks, universities, hospitals, medical labs, observatories, entertainment halls, swimming pools, etc. Carnegie deemed it the responsibility of every self-respecting self-made rich person in America and the world, to help the poorer classes to rise. Before he died he had built over 3,000 public libraries throughout the world, and to this day various Carnegie foundations continue his work in support of various social causes.

• Language: English
• Publisher: Sheba Blake Publishing Corp.
• Release date: Jul 15, 2022

Andrew Carnegie

Andrew Carnegie (1835–1919) was a Scottish-American industrialist, railroad man, and steel magnate whose charitable giving and life philosophies (“The man who dies thus rich dies disgraced”) made him one of the most captivating figures in American history. After selling his Pittsburgh-based steel company to J. P. Morgan, Carnegie spent the remaining years of his life giving away roughly $350 million (the equivalent of almost $5 trillion today) to universities and charities around the world. A self-proclaimed positivist, his influence and beneficence are reflected in the names of institutions such as Carnegie Hall, Carnegie Mellon University, and the Carnegie Endowment for International Peace.