LAD #17: Carnegie's Gospel of Wealth

In 1889, there was only a very small difference between those who faced the horrible conditions of the time period whether you were high up on the social ladder or you were much closer to the bottom. The difference is a manditory part of a well functioning society, and today the difference between social class conditions is very large. Today even the worst conditions could not compare to the way things long ago were and it has become a question of how wealth is administered. Different ways of doing this are giving to the public works during your life time and giving it to your children once you have passed away for future generations or giving to the public works after your death for other causes to prosper. Most of these ideas are dissatisfactory leaving only those who give away money before their death the only truly positive way of administering wealth for generations on. Administrating money during your life should be widely promoted by the government through heavy estates taxes, which would hope to occur upon death, which would make those who pass on more eager to spread wealth before they pass. If this system could be followed it would lead the economy in a positive direction and benefit all.