What example should the man of wealth set

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Source: Andrew Carnegie, Wealth in North American Review (1889)

This then, is held to be the duty of the man of wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance;...and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer...to produce the most beneficial results for the community - the man of wealth thus becoming the mere trustee and agent for his poorer brethren, bringing to their service his superior wisdom, experience and ability to administer, doing for them better than they would or could do for themselves.

1. In this quote from Wealth, what example should the man of wealth set?

2. In this quote from Wealth, how should the man of wealth administer the trust fund of his surplus revenues?

3. According to Carnegie, what does the man of wealth have that his poorer brethren doesn't (besides money)?

4. Does this quote indicate that Carnegie is a Captain of Industry or a Robber Baron?

Reference no: EM133283396

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