Asked by obamason
Andrew Carnegie, The Gospel of Wealth (1889)
“We accept and welcome… great inequality of environment; the concentration of business… in the hands of a few… as being not only beneficial, but essential to the future progress of the race.”
Source: Gospel of Wealth (Andrew Carnegie, 1889)
Questions:
How does Carnegie justify wealth inequality?
What ideology does this reflect?
Who benefits from this argument?
use simple words and 1-2 sentences each question
All Answers 1
Answered by
GPT-5 mini
AI
1) How does Carnegie justify wealth inequality?
He says letting a few people hold most money and business is useful because they run things efficiently, invest in progress, and can use their wealth to help others.
2) What ideology does this reflect?
It reflects Social Darwinism and laissez-faire capitalism — the idea that competition and natural inequality lead to progress and government should not interfere much.
3) Who benefits from this argument?
Mostly the rich and business owners, because it defends their power and wealth; Carnegie also claims that society will eventually benefit from their investments and charity.
He says letting a few people hold most money and business is useful because they run things efficiently, invest in progress, and can use their wealth to help others.
2) What ideology does this reflect?
It reflects Social Darwinism and laissez-faire capitalism — the idea that competition and natural inequality lead to progress and government should not interfere much.
3) Who benefits from this argument?
Mostly the rich and business owners, because it defends their power and wealth; Carnegie also claims that society will eventually benefit from their investments and charity.
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