What giant of business believed that it was the duty of wealthy people to help society thought the gospel of wealth?

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2026-05-09 02:30

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Andrew Carnegie, the industrialist and philanthropist, believed it was the duty of wealthy individuals to contribute to society, a philosophy encapsulated in his concept of the "Gospel of Wealth." He argued that the rich should use their fortunes to promote the welfare and uplift of the community, rather than merely leaving their wealth to heirs or hoarding it. Carnegie's views emphasized the responsibility of the affluent to give back and support initiatives that fostered education, culture, and social progress.

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