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Andrew Carnegie opposed public and co-operative ownership of the means of production, worker's self-management, and was in favor of retaining the profit system and market exchange in capital goods.

He was clearly in favor of some form of capitalism.

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What was Gospel of Wealth during the industrial revolution?

The wealthy proclaimed that they were justified by God to have so much wealth. They claimed that God gave them their money or they were a product of natural selection. This idea was boasted by Andrew Carnegie.


What is the significance of the gospel of wealth?

it helped snoop doggy dog to create his most magnificent album to which was inspired from the gospel's teaching. from the excerpt of Slaveius chapter 15 verse 2, And Andrew Carnegie said, "yo let there be biches and hoes for all, and for all should be given cause we rich as hell, and as the words of promince fluttered out through our prophet's mouth it came to be true"


What is Andrew Carnegie's philosophy?

Andrew Carnegie's philosophy centered around the idea of philanthropy and the responsibility of the wealthy to use their fortunes for the betterment of society. He believed in the "Gospel of Wealth," which posited that the rich should act as stewards of their wealth, investing in public goods and initiatives that would improve the lives of others. Carnegie emphasized the importance of education, libraries, and cultural institutions, advocating for a society where wealth was used to foster opportunity and advancement for all. Ultimately, he saw philanthropy as a moral obligation of the affluent.


Compare and contrast the Gospel of Wealth with the Social Gospel?

They both helped society.


What event caused the changes described from Andrew Carnegie's wealth?

Industrial Revolution. -Apex

Related Questions

Who wrote gospel of wealth?

The "Gospel of Wealth" was written by Andrew Carnegie in 1889. In this essay, Carnegie discussed his views on wealth accumulation and philanthropy, arguing that the wealthy have a responsibility to use their wealth to benefit society.


Who was the Gospel Of Wealth Associated With?

Wealth",[ more commonly known as "The Gospel of Wealth", is an essay written by Andrew Carnegie in 1889


How did Andrew Carnegie express his in the gospel of wealth?

Andrew Carnegie expressed his belief in the Gospel of Wealth by donating millions to philanthropy and founding thousands of public libraries.


Industrialist who preached the gospel of wealth?

Andrew carnegie


What were Andrew Carnegie contributions to society?

the gospel of wealth


What businessman wrote the essay The Gospel of Wealth?

Andrew Carnegie


When and where was the Gospel of Wealth published?

Andrew Carnegie's Essay "Wealth", better known as "The Gospel of Wealth" was published in The North American Review in June 1889.


Who was the first industrialist to advocate the gospel of wealth?

Andrew Carnegie was the first industrialist to advocate the gospel of wealth. He believed that the wealthy had a responsibility to use their wealth to benefit society and help those less fortunate. Carnegie promoted the idea that the rich should engage in philanthropy and contribute to the welfare of the public.


What is Carnegie gospel of wealth?

capitalism was part of the natural development of society.


What was Carnegie's idea that the rich should help the poor called?

Carnegie's idea that the wealthy should use their wealth to benefit society was known as the "Gospel of Wealth." He believed that those who were fortunate enough to acquire wealth had a responsibility to support philanthropic causes for the betterment of society.


Andrew Carnegie developed the theory called?

Andrew Carnegie is known for promoting the "Gospel of Wealth" theory. This theory states that wealthy individuals have a responsibility to use their wealth to benefit society through philanthropy and the support of social causes. Carnegie believed in the concept of giving back to the community and helping those in need.


Where was the Gospel of Wealth by Andrew Carnegie published?

It was published in the North American Review in 1889.