How did Andrew Carnegie's views of the obligations of wealthy people compare with those of Henry George and William Graham Sumner?

How did Andrew Carnegie's views of the obligations of wealthy people compare with those of Henry George and William Graham Sumner?

Introduction

Andrew Carnegie, Henry George and William Graham Sumner had played influential roles during their gilded ages. They were a mission on eliminating poverty and defining the ways in which wealth must be spent. However, all three of them had differing ideas on the obligation of wealth and they made great contributions in their ages. The following paper describes the views of the three on the obligations of the wealth people in comparison.

Discussion

Andrew Carnegie

Andrew Carnegie, a Scottish immigrant, built everything for himself on his own as he was not rich by birth. Using a lot of calculations and smart work he was able to have a company which ran as a monopoly in the industry and produced steel for the States. This monopolization made him one of the richest men in the United States of America. He had a belief that the wealthier people of the society were aware of the fact that their riches were to be utilized for the welfare of the public. For explaining his thoughts and views, he has written the Gospel of Wealth.

He was of the opinion that a man should die as rich because nothing is taken to the grave. All the riches of a man must be used for the betterment of the society and giving chances and opportunities to the poor for better advancements. According to him, for the benefit of the community, it should be given access to the ladders through which the societies can rise which includes access to libraries, parks, having means of recreation, building public institutions for improving the general conditions of the people. This surplus wealth that the rich has can bring about everlasting good for those who have little access to the luxuries in life.

Andrew Carnegie strongly believed in the obligation of the rich towards the poor and serving as the stewards of the society. He was a philanthropist and believed that proper education is the right of everyone and he himself was involved in the foundation of various educational institutions. All in all, he wanted the society to be in peace and live a happy contended life with the money that he had earned.

Henry ...