The American History

The American History

Introduction

Discrimination among the rich and poor & wealthy and needy is not a recent issue. Since, the emergence of the American society, unequal distribution of wealth and social class have always been a concern for the society representatives (Berkin, et.al, 2002). Different economist and societal figures have constituted there view points, and controversial statements over the wealth and the obligation to regulate it among the society. Different economist have alternative perceptions and reasons to draw upon the statements. Andrew Carnegie, Henry George and William Graham Sumner are among those who have different views regarding the obligations of wealthy people. A comparative analysis between the view points of these individuals will be discussed in this essay.

Discussion

Andrew Carnegie

Andrew Carnegie was a successful business man and was known for his enormous contribution in the American steel industry. He was respected and highly known for his high profile philanthropies of the era. He wrote an article on wealth, The Gospel of Wealth, which become very popular. In the article, the Gospel of Wealth he have paid his contribution in the society by crafting the views and belief that the wealthy people should use their money to help the poor and enrich the society (www.books.com, 2005).

Andrew believes that the proper administration and regulation of wealth is the only thing which help in strengthening the bond of brotherhood. This regulation of money also helps in bringing peace to the society (www.books.com, 2005). However, the equal regulation and equal distribution of money and wealth helps in binding together the rich and the poor in the harmonious relationship.

Carnegie is a remarkable philanthropist, he did not only shed light on his perceptions; though, he actually practice his views and thoughts in his own life. He was considerably wealthy throughout his life; yet, instead of spending money ...