THE GOSPEL OF WEALTH
The Civil Writer Magazine
The 'Gospel of Wealth' was an article written by Andrew Carnegie in 1889. Carnegie, a steel magnate, argued that very wealthy men like him had a responsibility to use their wealth for the greater good of society. Carnegie proposed that the best way of dealing with the new phenomenon of wealth inequality was for the wealthy to utilize their surplus means in a responsible and thoughtful manner. This approach was contrasted with traditional bequest (patrimony), where wealth is handed down to heirs, and other forms of bequest e.g. where wealth is willed to the state for public purposes. China's young rich sparked "flaunt your wealth" challenge. The challenge involved people photographing themselves pretending to fall out or trip out of luxury cars, spreading their expensive belongings in front of them as if they've just casually fallen out of their pockets.
Expressing vanity rather than charity.
This brings to mind the question what is wealthy is it stocks, salary, big house, expensive car, jewelry, inheritance or all together...... Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. But the transactions are seldom used for "Wealth For Gospel" and not to be misinterpreted as (wealth from the gospel) like the megachurches preachers. Very few mega-millionaires and billionaires uses their money for "Wealth for Gospel" like Oprah Winfrey and Bill and Melinda Gates, JayZ .... It was the Gates who started the Giving Pledge a campaign to encourage extremely wealthy people to contribute a majority of their wealth to philanthropic causes. As of May 2019, the pledge has 204 signatories, either individuals or couples, from 22 countries, though some of the signers have died since signing. It is a modern day concept that the new wealthy Black rappers movie stars and others are morally struggling to accept coming from a world of the have-nots.
So, where are we today? Louis Vuitton bags, gold and diamond jewelry, Bentleys, ... and the list goes on for young Asians, Whites and Blacks. The question as to how do we change the new generation of wealthy to accept the "Gospel of Wealth"? This is a million dollars question which many of us never had because we never had any money to give away to educate the young rich.