The first idea that Carnegie focuses on is leaving the money to a family member. Carnegie claims that it “is the most injudicious” by this he means the least wise of the three ways of distributing wealth. It is a common practice in western Europe to leave the first son all of ones money. This is a “misguided affection” and a bad idea according to Carnegie, because one cannot have the same style or strategies

In conclusion, one who has extreme amounts of money is said to have specific duties of the rich in order to balance the system in which we live in. They must provide modest ways of distributing their wealth. Carnegie went on to donate millions of dollars to public education, so that libraries and schools can transmit the education in order for the world to progress.

Secondly Carnegie suggest spending the money in public places. However the objective is not to give the money when one is gone. As a consequence, sometimes the money is not well distributed. It may be spent on things that the owner might not have agreed upon, but it will be too late because the owner is gone and can’t do anything about it. Also he might want to get recognition for all of his contribution and think that people will appreciate him or her. Paradoxically, the people are not going to think of him as a hero, but rather, a person that had no other choice but to give it away. If he had the choice of taking the money with him and spending it in his other lifetime, rather then just donating it , he would probably take it. As Carnegie said “The memories of such cannot he held in great remembrance, for there is no grace in their gifts”. So we shouldn’

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