Quote by Andrew Carnegie
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; to provide moderately for the legitimate wants of those dependent upon him; and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgment, is best calculated 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.
Summary
This quote suggests that it is the duty of wealthy individuals to live modestly and provide for the needs of those who depend on them. Any surplus wealth should be considered as a trust fund, and it becomes the responsibility of the affluent to administer it in a manner that benefits the community. In this role, they act as trustees and agents for their less fortunate counterparts, utilizing their wisdom, experience, and abilities to serve and improve the well-being of others more effectively than they could do on their own.
Topics
Wealth
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