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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…mehr

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  • Größe: 40MB
  • Spieldauer: 76 Min.
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Produktbeschreibung
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.

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Autorenporträt
ANDREW CARNEGIE (1835-1919) was an American industrialist and philanthropist born in Scotland and emigrated to America as a teenager. His Carnegie Steel Company launched the steel industry in Pittsburgh, and after its sale to J.P. Morgan, he devoted his life to philanthropic causes. His charitable organization built more than 2,800 public libraries around the world and gave away more than $350 million during his lifetime.