Andrew Carnegie was a self-made man who became extremely rich by creating a steel industry empire. In "Carnegies Gospel of Wealth," Carnegie writes about how the wealthy should handle there money and what to do with it.
Carnegie believed that wealthy people were necessary for society to evolve and believed it was for the better of the world if the wealthy distributed their money. Carnegie wrote that this distribution should occur in one of three ways: The first way was to pass your wealth on to your family after you died so that the money stayed in the family. Carnegie didn't support this method because he believed it didn't help society as a whole. The second way was to give away the money to society after the wealthy person died. The third way is for the rich person to give away their fortune while they're still alive. Carnegie also supported a death tax, which put a tax on a person who died. He agreed with this because this public death tax, taxed the dead wealthy and then the money could be used to improve public institutions in society like libraries and other various buildings/public works.
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