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Andrew Carnegie, the steel magnate, wrote the definitive essay on philanthropy, *The Gospel of Wealth*. He argued that extreme inequality is the price of civilization, but that the wealthy have a moral obligation to give their money away during their lifetimes. 'The man who dies thus rich dies disgraced. ' He believed that money should be used to build ladders—libraries, universities, parks—so that the ambitious poor could climb them.
"Millionaires who laugh are rare. My experience is that wealth is apt to take the smiles from men's faces."
"There is little success where there is little laughter."
"Beyond a competence for the household, the accumulation of wealth should be discouraged."
"There is no class so pitiably wretched as that which possesses money and nothing else."
"The parent who leaves his son enormous wealth generally deadens the talents and energies of the son."
"As I grow older, I pay less attention to what men say. I just watch what they do."
"I shall as a rule keep my capital in that business which I understand."
"No man can become rich without himself enriching others."
"Immense power is acquired by assuring yourself in your secret reveries that you were born to control affairs."
"The secret of success lies not in doing your own work, but in recognizing the right man to do it."
"The man who has sent a child to school has done more for the world than the man who has only left money."
"The man who makes it his sole object to acquire wealth is a very poor creature."
"Wealth is not the end of life, but an instrument of life."
"All honor's wounds are self-inflicted."
"The amassing of wealth is one of the worst species of idolatry. No idol more debasing than the worship of money!"
"The 'Gospel of Wealth' but echoes Christ's words. It calls upon the millionaire to sell all that he hath and give it to the poor."
"The first man gets the oyster, the second man gets the shell."
"I would as soon leave to my son a curse as the almighty dollar."
"Young men should know that it is not the capital they have, but the capital they make, that counts."
"Think of yourself as on the threshold of unparalleled success. A whole, clear, glorious life lies before you."
"In the investment of wealth, the first consideration is the safety of the principal."
"Whatever I engage in, I must push inordinately."
"Individualism, Private Property, the Law of Accumulation of Wealth, and the Law of Competition... are the highest results of human experience."
"A sunny disposition is worth more than fortune. Young people should know that it can be cultivated."
"The best way to help the poor is to provide the ladders upon which the aspiring can rise."
"The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor."
"Capitalism is about turning luxuries into necessities."
"The human mind is a strange machine. It can be either your best servant or your worst master."
"People who are unable to motivate themselves must be content with mediocrity, no matter how spectacular their other talents."
"The man who acquires the ability to take full possession of his own mind may take possession of anything else to which he is justly entitled."
"The man who starts out with the idea of making a fortune may not succeed; he must have the ambition to do something else."
"Wealth is not to feed our egos, but to feed the hungry and to help people help themselves."
"It is the mind that makes the body rich."
"Concentrate your energy, your thoughts and your capital. The wise man puts all his eggs in one basket and watches the basket."
"The man who dies thus rich dies disgraced."
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