As one of the richest men to walk this Earth, Andrew Carnegie speaks not as a selfish billionaire but as a person who has accumulated wealth and now unsure of how to best spend it. As a man who held more money than some countries, the question of the relationship between the poor and the wealthy inevitably began to pop up in Carnegie's mind. He believed that in a few hundred years the deveoplement and progress of man has not changed, but revolutionized. This growth is what measures what has come of civilization. It is in the parlors and homes of the wealthy that literature, art, and the refinements of society are born so it is essential that some people accumulate wealth to allow themselves to discuss such things.
How though can all people be wealthy although laws have forced the majority of this wealth onto the few? Somewhat paradoxically Carnegie says that families should not chase wealth, but only have required for "the comfortable maintenance and education of families." He believes people should not be wealty but competent in their finances and that this, not chasing large fortunes, should be the goal. Those who have a surplus of wealth have three ways to dispose of their wealth, although there are better choices than others. A person can leave their money and estate to their descendants, to the public, or lastly give it away during their lives. Carnegie believed the first way is just misguided affection, as their successors can fall victim to depreciated land or money and that it only burdens their children. The second is only the last resort of a man wishing to give after he has died. The growth of taxing the estates of the dead grew and this, to Carnegie, is a wise tax. This hopefully will induce the rich to give will their are alive, instead of wait selfishly until they are dead. The third option is the fairest and best use of a fortune. As many yell out in disagreement calling it Communism, it is only the excess of the wealthy being redistirbuted to those in need. This to Carnegie is fair as he believed a person and their family should only have enough to live comfortably, not lavishly. The donations of the wealthy should not be given in large sums infrequently but slowly over time as this is more useful to those who struggle.
This is how people should live. As they have earned enough to live well, they should see their excess as money to be used to help those who cannot help themselves.