Publication of Wealth in North American Review
| Philanthropy | Wealth Management | Industrialism |
Updated By: History Editorial Network (HEN)
Published: | Updated:
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The publication of "Wealth" in the _North American Review_ marked a pivotal moment in the discourse surrounding wealth and philanthropy. Authored by Andrew Carnegie, the essay was featured in the June issue of the influential journal, which was under the editorship of Lloyd Bryce. Carnegie's argument centered on the responsibilities of the wealthy, asserting that the life of a wealthy individual should be divided into two essential components: the accumulation of wealth and its subsequent distribution for the benefit of society. This perspective was not merely a personal philosophy but a call to action for affluent individuals to engage in philanthropy as a means of improving the lives of others. The essay resonated widely, prompting notable figures such as British statesman William Ewart Gladstone to advocate for its publication in the UK, where it was subsequently released as "The Gospel of Wealth" in _The Pall Mall Gazette_.
Primary Reference: North American Review

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