Important acquisitions

Gospel of wealth.

Author Carnegie, Andrew
Title Gospel of wealth.
Imprint [London]
Date of Publication [1890]
Language English
Notes 'The gospel of wealth' was first published as a pair of articles - 'Wealth' and 'The best fields for philanthropy' in the 'North American Review' in 1889. W.T. Stead, better known subsequently as editor of 'The books for the bairns' re-titled the first article 'The gospel of wealth' when it was reprinted in the 'Pall Mall Gazette' in 1890. Ten years later, Carnegie had published his most famous work, a collection of magazine articles, under the title 'The gospel of wealth'. In the first article, Carnegie, the Dunfermline-born philanthropist, addresses the question of the administration and disposal of wealth, concluding with the then novel idea that the rich man should give away his fortune while he is still alive and asserting that 'the man who dies ...rich, dies disgraced'. W.E. Gladstone was one of a number of prominent individuals, who praised this article and urged its wide circulation in Britain. The erstwhile Prime Minister did have some reservations about 'The best fields for philanthropy', in which Carnegie listed the best ways in which millionaires should dispose of their largesse --establishing universities, libraries, hospitals and financing public parks, swimming baths, concert halls and churches. This is a presentation copy from the author to Cardinal Henry Manning, which forms part of a diverse collection of sixteen pamphlets on socialism and 'labour' in general published worldwide between 1873 and 1891. Manning was well known as a champion of the poor and in 1889 had played a major role in mediating between the opposing factions in the London Dock Strike. In dealing with the problem of the abuse of money and power, in an article entitled 'Irresponsible wealth' published in the 'Nineteenth century' in December 1890, Manning was indirectly criticising Carnegie's Darwinian approach to economics.
Shelfmark ABS.3.201.001(6)
Acquired on 05/12/00
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