Andrew Carnegie Preaches the Gospel of Wealth

Andrew Carnegie Preaches the Gospel of Wealth Andrew Carnegie, having already amassed millions as an extraordinarily successful industrialist, turned his attention in 1900 to matters of politics and philanthropy. Carnegie was part of a small but highly vocal group who opposed what they saw as a growing impulse toward imperialism in US foreign policy, especially in the case of the US's war against the Filipinos. Carnegie taunted the advocates of President William McKinley's war policy by …

…recognized the legitimacy of labor unions. By the turn of the century, however, Carnegie was out of the steel business. He sold Carnegie Steel to J.P. Morgan and turned his full attention to philanthropy. In all he gave away 350 million dollars. In 1900 he published a collection of his writings entitled, "The Gospel of Wealth." Among the musings to be found in that collection was his opinion that "the man who dies rich, dies disgraced."