Were there better uses for wealth than those advocated by Carnegie? If so, what the difference of poor wealth and good wealth?

Answer 1

Yes, there were better uses for wealth than those advocated by Carnegie. Good wealth is wealth that is used to benefit society as a whole, such as investing in education, healthcare, and infrastructure. Poor wealth is wealth that is used to benefit only a few individuals, such as investing in luxury items or hoarding money. Carnegie advocated for the wealthy to use their money to create libraries, universities, and other public institutions, but this was still a form of poor wealth, as it only benefited a few people. Good wealth would be used to benefit the entire community, such as investing in public transportation, affordable housing, and job training programs.