Have you heard of “The Gospel of Wealth”?
Now there are a lot of books which will tell you on how to get rich like the ‘rich dad, poor dad’ or ‘how to win friends and influence people’ and of course many many more!
The gospel of wealth is for people who are already rich, and it was written by a person who at that time was one of the world’s richest human!
“The Gospel of Wealth” is a foundational essay written by steel magnate Andrew Carnegie in 1889.
In it, Carnegie argues that extremely wealthy individuals have a moral obligation to use their fortunes for the “general good” of society rather than hoarding them or passing them down as inheritance
His most famous quote from the essay is, “The man who dies thus rich dies disgraced”. He believed surplus wealth should be distributed during one’s lifetime to ensure it is used wisely!
Carnegie viewed the wealthy not as owners of their money, but as “trustees” for the poor. He believed that those with the talent to accumulate wealth also possessed the superior “wisdom, experience, and ability” to administer it for the public’s benefit.
He strongly criticized leaving large fortunes to children! arguing that it often leads to squandered wealth and does not benefit the state or the recipients.
Carnegie also opposed “indiscriminate charity,” which he felt encouraged dependency. Instead, he advocated for providing “ladders upon which the aspiring can rise,” such as free public libraries, universities, and parks.
The “Gospel of Wealth” remains a blueprint for modern large-scale philanthropy, influencing figures like Bill Gates and Warren Buffett!
Like mentioned before, Carnegie was at one point, the richest man in the world! But he followed what he spoke!
Carnegie lived his philosophy by giving away roughly $350 million (about 90% of his fortune), funding over 2,500 public libraries and establishing institutions like Carnegie Mellon University and the Carnegie Corporation of New York!
The practical key point here is that you must make sure that even if you have money, your children must learn the value of hard work and integrity
You must only give them a scaffolding or Support for their own success!
Once they get away from the shade of comfort, they would reach better and greater heights! Like Hariharan Anantha Subramani who did not need any support since he had ample talent!
Praying for peace and nothing else…
God bless…
ramadocblog 