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The New Gospel of Wealth

The New Gospel of Wealth

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The New Gospel of Wealth

57 pagine
56 minuti
Jun 30, 2019


This is the classic work on the best ways to distribute surplus wealth throughout the community by American businessman Andrew Carnegie, with a 2019 afterword to address issues that have arisen since Mr. Carnegie's time.

Andrew Carnegie (1835-1919) was a Scottish-American industrialist, business magnate, and philanthropist. Carnegie's most prominent business was the expansion of the American steel industry. Carnegie Mellon University (Pittsburgh), Carnegie Hall (New York City), the Carnegie Hero Fund, and Carnegie "units" (university credit-hours) are just some of what remains today of his immense legacy in American and world history.

Jun 30, 2019

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The New Gospel of Wealth - Andrew Carnegie

The New Gospel of Wealth by Andrew Carnegie

2019 Afterword by Frank Marcopolos

Cover design by and copyright (c) 2019, Frank Joseph Marcopolos

Book design by and copyright (c) 2019, Frank Joseph Marcopolos

All rights reserved.

No part of this book may be reproduced in any form or by any electronic or mechanical means including information storage and retrieval systems, without permission in writing from the author (Frank, not Andrew. Andrew is dead.) The only exception is use by a reviewer, who may quote short excerpts in a review.

EPUB Edition, License Notes

This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you are reading this ebook and did not purchase it, or it was not purchased for your use only, then please return to an e-tailer and purchase your own copy. Thank you for respecting the hard work of this author. (The Bookquarium’s lawyers busted into the studio during production and made me write that at watergun-point. Sorry. – Frank)

Copyright © 2019, Frank Joseph Marcopolos. All rights reserved. Published and printed in the United States of America by The Bookquarium in Pittsburgh, PA.

ISBN (Ebook): 978-1-7336646-8-4

P.S. – The lawyers are gone now. It must be happy hour.

P.P.S. – This book is called The New Gospel of Wealth because of the 2019 Afterword. Mr. Carnegie’s parts of the books are unchanged from the public domain text.



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 Indians are today where civilized man then was. When visiting the Sioux, I was led to the wigwam of the chief. It was just like the others in external appearance, and even within the difference was trifling between it and those of the poorest of his braves. The contrast between the palace of the millionaire and the cottage of the laborer with us today measures the change which has come with civilization.

This change, however, is not to be deplored, but welcomed as highly beneficial. It is well, nay, essential for the progress of the race¹, that the houses of some should be homes for all that is highest and best in literature and the arts, and for all the refinements of civilization, rather than that none should be so. Much better this great irregularity than universal squalor. Without wealth there can be no Maecenas². The good old times were not good old times. Neither master nor servant was as well situated then as today. A relapse to old conditions would be disastrous to both—not the least so to him who serves—and would sweep away civilization with it. But whether the change be for good or ill, it is upon us, beyond our power to alter, and therefore to be accepted and made the best of. It is a waste of time to criticize the inevitable.

It is easy to see how the change has come. One illustration will serve for almost every phase of the cause. In the manufacture of products we have the whole story. It applies to all combinations of human industry, as stimulated and enlarged by the inventions of this scientific age. Formerly articles were manufactured at the domestic hearth or in small shops which formed part of the household. The master and his apprentices worked side by side, the latter living with the master, and therefore subject to the same conditions. When these apprentices rose to be masters, there was little or no change in their mode of life, and they, in turn, educated in the same routine succeeding apprentices. There was, substantially, social equality, and even political equality, for those engaged in industrial pursuits had then little or no political voice in the State.

But the inevitable result of such a mode of manufacture was crude articles at high prices. Today the world obtains commodities of excellent quality at prices which even the generation preceding this would have deemed incredible. In the commercial world similar causes have produced similar results, and the race is benefited thereby. The poor enjoy what the rich could not

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