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“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.”

Andrew Carnegie

Source
The Gospel of Wealth
Date
1889
Attribution
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Meaning

What does this quote mean?

Carnegie pairs possession of great wealth with restraint in personal display, arguing that surplus resources create duties beyond conspicuous consumption.

Source context

Where does it come from?

The Gospel of Wealth, first essay; 1889 North American Review text. The excerpt begins Carnegie’s longer description of what he believes wealthy people owe to dependents and community.

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