“The problem of our age is the administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship.... The contrast between the palace of the millionaire and the cottage of the laborer with us today measures the change which has come with civilization. This change, however, is not to be deplored, but welcomed as highly beneficial.”
Those words, written in 1889 by industrialist/philanthropist Andrew Carnegie, introduced what came to be called “the Gospel of Wealth,” Carnegie’s plan for using vast financial resources accumulated by certain individuals at the height of the Industrial Revolution.
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