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Gospel of Wealth Audiobook by Andrew Carnegie

40 min • 2 juni 2020
Listen to this audiobook in full for free on https://hotaudiobook.com/free ID: 439313 Title: Gospel of Wealth Author: Andrew Carnegie Narrator: Douglas Harvey Format: Unabridged Length: 00:39:35 Language: English Release date: 06-02-20 Publisher: Authors Republic Genres: Business & Economics, HR & Office Administration Summary: Andrew Carnegie, an immigrant from Dunfermline, Scotland with only a grammar-school education, amassed a fortune in the steel industry the 1800s to become the richest American in history. Yet Carnegie believed strongly that the wealthy should live modestly, without ostentation, and devote their energies after achieving wealth to finding ways to invest their surplus wealth in ways that benefit the public. Historically, private fortunes were handed down to heirs, with bequests to the state for public purposes as well. Carnegie observed that fortunes were often squandered in self-indulgent extravagance and irresponsible spending and felt such funds would be better put to use to help the poor help themselves and reduce the stratification of the classes. He favored a system of progressive inheritance taxes to help facilitate this distribution, but also felt the best results would be achieved when those that had made the fortunes turned their attention to investing their capital in charitable enterprises that they controlled and even managed. He initially published his controversial ideas in the North American Review 1880 in an article entitled Wealth. It was later re-titled The Gospel of Wealth and published in the Pall Mall Gazette in 1889. It has become the foundation document that sets forth much of the thinking behind philanthropy since his time. It has been called the urtext of modern philanthropy by Benjamin Soskis, a historian of philanthropy. The article appears here in two versions. The first is a new reading by D. S. Harvey and the second is recording of Carnegie himself. Contact: info@hotaudiobook.com

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