Economy

American Industrialist Andrew Carnegie was an extremely well known philanthropist. He do an immense contingency through his turn over within the marque industry. He believed in the idea of distribution of wealthiness. He hold up his flavor by giving away close to of the fortune he had made over his years of work. Carnegie returned almost $ three hundred million of his wealth to other pack by establishing cartel funds and making donations to other benevolent organizations he supported. He alike believed in predestination of wealth. It was his belief that it was of Gods will for him to be wealthy. Eugene V. Debs became founder of the American Railway wedlock after years of hard work in the hale industry. Debs ran as a presidential scene for the socialist comp each in five different presidential elections. The socialist political party had a platform that demanded introduce ownership of means of return and distribution of wealth by the giving medication. Debs b elieved in nationalization of every(prenominal) natural resources, industries, and banks. He felt that the establishment had the right to domination all property and collect any revenues that were produced. Debs, like Carnegie, also advocated distribution of the wealth but in a to a greater extent aggressive approach. In Debs opinion, the way to handle the new wealth that had developed was for the government to collect and redistribute it to make everyone scotchally equal. Booker T. Washington had a way of thinking that differed from both(prenominal) the philosophies of Debs and Carnegie. Washington urged African Americans and people with bring low social and economic standings to accept their statusIf you want to get a full essay, nightclub it on our website: BestEssayCheap.com

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