Welcome to Law-Forums.org!   

Advertisments:




Sponsor Links:

Discount Legal Forms
Discounted Legal Texts


Help me on this Carnegie Gosphel?

Family Law Discussion Forum

Help me on this Carnegie Gosphel?

Postby gideon » Thu Dec 22, 2011 6:57 pm

Excerpts of “Gospel of Wealth” by Andrew Carnegie
The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship. The conditions of human life have not only been changed, but revolutionized, within the past few hundred years. In former days there was little difference between the dwelling, dress, food, and environment of the chief and those of his retainers…. The contrast between the palace of the millionaire and the cottage of the laborer with us to-day measures the change which has come with civilization.
The price which society pays for the law of competition, like the price it pays for cheap comforts and luxuries, is also great; but the advantage of this law are also greater still, for it is to this law that we owe our wonderful material development, which brings improved conditions in its train…. It is here; we cannot evade it; no substitutes for it have been found; and while the law may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department. We accept and welcome therefore, as conditions to which we must accommodate ourselves, great inequality of environment, the concentration of business, industrial and commercial, in the hands of a few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.
There are but three modes in which surplus wealth can be disposed of. It can be left to the families of the decedents; or it can be bequeathed for public purposes; or, finally, it can be administered during their lives by its possessors…. The first is the most injudicious…. The condition of this class in Europe to-day teaches the futility of such hopes or ambitions. The successors have become impoverished through their follies …
The growing disposition to tax more and more heavily large estates left at death is a cheering indication of the growth of a salutary change in public opinion.
… Even the poorest can be made to see this, and to agree that great sums gathered by some of their fellow-citizens and spent for public purposes, from which the masses reap the principal benefit, are more valuable to them than if scattered among them through the course of many years in trifling amounts.
This, then, is held to be the duty of the man of Wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent upon him; and after doing so to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgment, is best calculated to produce the most beneficial results for the community--the man of wealth thus becoming the mere agent and trustee for his poorer brethren….
In bestowing charity, the main consideration should be to help those who will help themselves; to provide part of the means by which those who desire to improve may do so; to give those who desire to use the aids by which they may rise; to assist, but rarely or never to do all.
… who know that the best means of benefiting the community is to place within its reach the ladders upon which the aspiring can rise--parks, and means of recreation, by which men are helped in body and mind; works of art, certain to give pleasure and improve the public taste, and public institutions of various kinds, which will improve the general condition of the people ;--in this manner returning

4. What did Carnegie see as the problem during the time of this writing?
Answer:

(5 points)
Score

5. According to Carnegie’s beliefs, what insures the survival of the fittest in every department and is essential to the future progress of the man?
Answer:


(5 points)
Score

6. According to Carnegie, what are the three modes of administering wealth?
Answer:




(5 points)
Score

7. Why did Carnegie believe that money should not be left to the families of the decedents? Underline the best answer.
Answer:
• History has shown that most heirs spend their inheritance foolishly.
• The heirs will not use the money to support other family members.
• Most heirs will give all their excess money to the poor.
• Many heirs will use the money to make more money.

(5 points)
Score

8. Andrew Carnegie seemed to be in favor of taxing large estates heavily at death.
Answer:
• True
• False

(5 points)
Score




10. Give an example of how the wealthy can benefit a mass of people rather than just a few.
Answer:
gideon
 
Posts: 48
Joined: Fri Apr 01, 2011 12:52 am
Top

Help me on this Carnegie Gosphel?

Postby hjortur » Thu Dec 22, 2011 7:07 pm

8. false
9. he wanted to give more libraries and nice stuff to the people.
hjortur
 
Posts: 51
Joined: Thu Mar 31, 2011 5:52 am
Top


Return to Family Law