LAD #21

                              Summary of Andrew Carnegie's Gospel of Wealth:

Andrew Carnegie had a firm belief that the gap between the rich and the poor was necessary to maintain a good economy. If one large middle class was created instead of having two different ones, the economy would fail. He believed that people should do work they enjoyed, learn all about their work, use their knowledge to make a living, and give back when they retire in order to benefit society. He disliked the idea of having the eldest son inherit all the money. He was a selfless man and he instead encouraged giving back. He especially wanted rich people to give money to common people and to leave them their money when they died. During his life, he was a philanthropist and put a lot of money into colleges (Carnegie Mellon) and libraries. Carnegie wrote The Gospel of Wealth to inform society what, in his beliefs,  the best way to handle money was.