The Gospel of Wealth (jun 1, 1889 – jan 1, 1898)
Description:
Cause:1. Carnegie became convinced that men like him had a responsibility to spend their money to benefit the greater good
Effect:
1. widened the wealth gap between the rich and poor
2. wanted the wealthy "Robber Barons" to address this imbalance through philanthropy
Added to timeline:
Date:
jun 1, 1889
jan 1, 1898
~ 8 years and 7 months