Untitled document (11).docx - 1 Carnegie's purpose in...

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1. Carnegie's purpose in publishing "Wealth". Include his relevant background information. The Gospel of Wealth was an article written by Andrew Carnegie in 1889. Being a Scottish immigrant who became the second richest man in America, he dominated the steel industry. Taking his place alongside other fabulously wealthy captains of industry like Rockefeller and Vanderbilt. He became convinced that men like him had a responsibility to spend their money to benefit the greater good. This belief became known as the Gospel of Wealth. He argued that the wealthy had a unique responsibility to be a humanitarian. In other words, the rich should devote themselves to distributing their wealth responsibly to benefit society while they are still alive. 2. Peer Opinion from an Interview (select from Rockefeller, J.P Morgan, T. Edison, H. Ford). How would they have responded to Carnegie's position? What changes have they made in their life? Why is Carnegie wrong/right/etc..? Do they feel obligated? You must include at least 1 authentic quote from the individual. Rockefeller would have responded incredibly to Carnegie's position because they did likewise. Carnegie picked up his money and then put it in society. Rockefeller did likewise, so he would concur with Carnegie. I figure Rockefeller would help out society.

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