AC

Andrew Carnegie

Industrialist & Philanthropist
Business · Historical

Quotes

The man who dies thus rich dies disgraced.
Upon the sacredness of property civilization itself depends—the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.
Did you ever sum up these prizes and think how very little the millionaire has beyond the peasant, and how very often his additions tend not to happiness but to misery!
The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship.
To be popular is easy; to be right when right is unpopular, is noble... I repudiate with scorn the immoral doctrine, 'Our country, right or wrong'.
[S]urplus wealth should be considered as a sacred trust, to be administered during the lives of its owners, by them as trustees, for the good of the community in which and from which it had been acquired.
Those who would administer wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity.
Watch the costs and the profits take care of themselves.
Thus is the problem of Rich and Poor to be solved. The laws of accumulation will be left free; the laws of distribution free. Individualism will continue, but the millionaire will be but a trustee of the poor; intrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself. (pp. 663-664)
Such, in my opinion, is the true Gospel concerning Wealth, obedience to which is destined some day to solve the problem of the Rich and the Poor, and to bring "Peace on earth, among men Good Will.