What does carnegie say is the correct way for a person to manage his or her wealth?

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2026-07-16 00:25

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Andrew Carnegie believed that the correct way for a person to manage their wealth is to use it for the greater good of society. He advocated for philanthropy, arguing that wealthy individuals have a moral obligation to give back and support causes that benefit the community, such as education, libraries, and public welfare. Carnegie emphasized that wealth should not be hoarded but rather distributed in ways that empower others and improve society as a whole.

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