The Gospel of Wealth

The Gospel of Wealth is a philosophy popularized by Andrew Carnegie in the late 19th century, emphasizing that wealthy individuals have a moral responsibility to use their riches for the greater good. It advocates that the rich should act as stewards of society, funding public institutions like libraries, schools, and hospitals, rather than hoarding wealth or giving it to heirs. The idea promotes philanthropy and suggests that wealth, when used wisely, can help improve communities and generations, balancing individual success with societal benefit.