Andrew Carnegie - Gospel of Wealth Essay

Andrew Carnegies The Gospel of Wealth explains how Individualism, Private Property, the Law of assembly of Wealth, and the Law of Competition award the majority of a lodges wealth in the hands of few. Carnegie states these individuals may miss their excess wealth in three modes. The first is release all accumulated wealth to the family of the individual. The second mode is go forth all of an individuals wealth at last for public uses. The third is the individual spending their wealth throughout their life for the common reasoned. The first and second mode of bestowing wealth is looked down upon by Carnegie. Within his explanation it is possible to fill up that Carnegie is in favor of heritage taxes. He states, Of all forms of tax this seems wisest. The first mode is only acceptable if a exquisite amount of income is provided to the family. However, leaving all the wealth may do more harm than good for the society. The second mode illustrates the serviceman who gives after death, should not be remembered as someone doing good for society. In Carnegies eyes, these hands are hoping they could take their event with them upon death. By taxing estates heavily at death the carry marks its condemnation of the selfish one million million millionaires unworthy life.



Since in that respect are only a few very fuddled individuals, Carnegie cogitates these individuals should spend their excess wealth in ways to remedy the society. Not in monetary handouts, but in a manner in which to have a lasting advantage. similarly Carnegie believes that tax will provide an example to those wealthy men who have not done their duty. Also the inheritance taxation will provide more money for society to do what is right; to help improve the society as a whole. Overall I agree with Carnegie. Yet, I only believe the super wealthy should be subject to higher inheritance taxes than normal. The millionaire of 1889 could do a lot more with a million dollars than the millionaire of today. Maybe at a certain tax level,...If you sine qua non to get a full essay, order it on our website: Orderessay



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