Source identified
Read & copy the quotation
“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.”
- Source
- The Gospel of Wealth
- Date
- 1889
Meaning of “This, then, is held to be the duty…”
Carnegie pairs possession of great wealth with restraint in personal display, arguing that surplus resources create duties beyond conspicuous consumption.
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.
