Wednesday, December 10, 2014

LAD #21


Andrew Carnegie states that the separation of the rich from the laborers was a good thing. He states that we should revel in this new revolutionary step in history, whereas others would consider it abusive and wrong. He continued to say that their sacrifice was well needed in order for the rich and prosperous to be . . . well . . . rich and prosperous. Carnegie truly believes that this is a step in the right direction and pushes for others to aim for a more modern and comfortable lifestyle aside from theirs. Carnegie says how money can be passed down from descendent to descendent or family member to family member through inheritance or other means. Carnegie explains how he doesn't understand the point of giving large sums of money to children since he believed them to be incompetent and therefore "burdened" with the task. He believes that wise men will understand what he means and still agrees with money being passed down to wives and daughters, just not children who wouldn't know what to do with it. Carnegie wants other millionaires to have to pay taxes in order for their sums to make a difference in the community. He agrees that their estates should be taxed after their deaths in order to make up for them never having to pay the taxes while they were still alive. Carnegie concludes that the wealthy should act as role models for those beneath them and set an example. He wanted them to live up to the promises they make and benefit those less fortunate with them. Only then, he believed, would we truly be a complete society.