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Andrew Carnegie was quite a huge believer of giving away wealth and prosperity to the people in need throughout the course of their life. From his statement, it is common: the man who dies so rich dies in disgrace. The essay by Carnegie is simply a means of demonstrating that people can equalize being fair and having their own sense of independence. The wealth bible is scattering wealth and responsibilities for the society that the wealthy have. Proper wealth management can sometimes prove to be a challenge, which is why Carnegie suggests three ways to get rid of the excess wealth.
He provides three ways to get rid of the wealth deficit. One of which is to abandon the families with them. Mainly, the sons who inherit the prosperity of the family, waste it, and then the money ruins most of it. In rare cases, however, are those where the children use the wealth for a greater good. Second, the money can be transmitted for public purposes. Carnegie’s last way to dispose of the wealth is to spread it throughout their entire life. Per Carnegie, for the convenience of preserving family pride, they leave the fortune to the family. It is mentioned that in order to leave the fortunes to the public, the wealthy person must wait until he passes away to leave his fortune to the public. The only existing mode is to dispose it so that it can be of assistance to the entire community. Handing money to other people who have nothing is a waste of time because they’d squander away the money. So, Andrew Carnegie concluded that the fortune should go to government projects and to people who help themselves.
Carnegie is convincing his argumentation by highlighting how significant it is to give the community its very own wealth. “and this wealth passing through the hands of the few can be made a much more powerful force for the upliftment of our race than if it were distributed to the people themselves in small sums.” Surely the best way of doing this is to offer their money to help members of the community. Carnegie claims that change from one class to another is not possible. He recommends to use the three surplus wealth disposal methods. The author implies that no one comes from their social status, but in their quality of life they can only go higher. Surely the best way of doing this is to offer their money to help members of the community. Carnegie claims that change from one class to another is not possible. He recommends to use the three surplus wealth disposal methods. It’s mostly all about intelligently giving away the wealth. I most certainly agree with Andrew Carnegie’s argument about giving people one’s wealth. Using this method to try and get rid of the wealth will advantage not just a few people, but the community overall.
Most rich people luxuriously spend their wealth. Instead of spending their money on expensive things such like cars, it will be a better idea, if such individuals utilize their wealth responsibly and help address the gap between the rich and the poor. The main argument of Andrew Carnegie was that the rich must live in a humble way and use their profits to raise humanity. I strongly agree with that argument. I think it is extremely selfish not to. If an individual is making good money and can help someone in need, it will be completely selfish of them to not put their money to good use. Also, you are being a better citizen. First, the author states that many will own the wealth. The society will therefore benefit from the wealth of an individual. In my opinion, Such wealth will be more socially beneficial than if dispersed to many individuals. Delivering the wealth in a way that will help everyone in the society and not just the few selected will be more meaningful. Getting rid the prosperity for public use might bring dignity to the wealthy members of the community. I also agree with Carnegie that even a rich man should never be greedy and should help civilize the poor. It is better to administer the money for the group than simply to use it to improve oneself.
Sharing wealth with the culture will enhance the community in terms of increasing the residents’ quality of life. If only the couple wealthy people chose to share their wealth for the better of their society, the economic situation of a country will also strengthen. Furthermore, giving the public wealth, will also be in line with the new testament that speaks about sharing one’s fortunes with others. Not only will it make you feel like a better human being, but you are also helping yourself at the end.
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