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1903 cartoon of Andrew Carnegie in Highland dress pouring gold from a sack marked one hundred million given for the public good over little library buildings

Cartoon of Andrew Carnegie's giving, 1903. via Wikimedia Commons, public domain

Penguin Classics

The Gospel of Wealth Essays and Other Writings

The man who dies rich dies disgraced.

$18.00

Available · worldwide delivery

Author
Andrew Carnegie; ed. David Nasaw
Publisher
Penguin Classics
Published
January 2006
Pages
0
Format
Paperback
Size
Standard
Language
English

The Library Essay

Surplus Wealth Is a Trust

In June 1889, at the height of his fortune, Andrew Carnegie published an essay arguing that great wealth is a trust the rich administer for the community, that leaving it to heirs corrupts them and leaving it at death is too late, and that the man who dies rich therefore dies disgraced. English editors gave the essay its lasting name, the Gospel of Wealth, and Carnegie, unusually among moralists, then obeyed himself, spending his last decades giving the fortune away, most visibly in thousands of free libraries.

This Penguin Classics edition, edited by his biographer David Nasaw, sets the famous essay among Carnegie's other writings on labour, empire and money. The contradictions stand in plain view, the Homestead employer preaching stewardship, which is exactly why the debate he started about wealth's obligations has never closed.

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