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In essence, he believed that men of great wealth should use it in a way that would benefit the state and the human race, and that "the man who dies rich dies disgraced."

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βˆ™ 5d ago

Andrew Carnegie believed in the philosophy of the "Gospel of Wealth," which argued that the wealthy had a moral obligation to use their wealth to benefit society. He believed in philanthropy and giving back to the community, focusing on funding libraries, universities, and cultural institutions. Carnegie held the belief that the accumulation of wealth was not an end in itself, but a means to promote the greater good.

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Q: What was Andrew Carnegie's philosophy?
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Andrew Carnegie believed that wealthy individuals had a moral obligation to give back to society through philanthropy. He emphasized the importance of using wealth to benefit others and believed in the concept of "duty of the rich" to address social inequalities. Carnegie's views on social responsibility influenced his philanthropic efforts and his advocacy for the redistribution of wealth.


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