
The Gospel of Wealth - Free Audiobook
Author(s): Andrew Carnegie,
Now Playing
[1/2] Part 1, The Problem of the Administration of Wealth
About
What is the proper mode of administering great wealth? It is to address this question that steel tycoon Andrew Carnegie's famous essay "Wealth", or more commonly known as "The Gospel of Wealth" was written (in 1889). His answer – Philanthropy. Not just any philanthropy, but specifically, projects funded and overseen during the life of the magnate, for things that benefit the community and engage the public in maintaining long after the magnate is gone -- libraries, parks, universities, hospitals, medical labs, observatories, entertainment halls, swimming pools, etc. Carnegie deemed it the responsibility of every self-respecting self-made rich person in America and the world, to help the poorer classes to rise. Before he died he had built over 3,000 public libraries throughout the world, and to this day various Carnegie foundations continue his work in support of various social causes. (Summary by Michele Fry)
Related Audiobooks

The American Bee Journal. Vol. XVII, No. 11, Mar. 16, 1881
Various

What Shall We Do?
Leo Tolstoy

American Bee Journal. Vol. XVII, No. 14, Apr. 6, 1881
Various

The American Bee Journal. Vol. XVII, No. 12, Mar. 23, 1881
Various

Triumphant Democracy
Andrew Carnegie

The Empire of Business
Andrew Carnegie

Social Life in England 1750-1850
F. J. Foakes-Jackson