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Carnegie devised the idea of the “Gospel of Wealth.” He believed that those who were rich were blessed from God. With these riches, the rich were obligated to care for those in need.

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Andrew Carnegie started as a young boy working in the factories. Through hard work, he became superintendent of railroads. He eventually made a fortune in steel. He then sold his company to JP Morgan and devoted the rest of his life to good works.

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Some economic leaders of the second industrial era and the guided age believed in the idea of social Darwinism. This idea was popularized by popular sociologist Herbert spencer, he believed the distribution of wealth between the extreme upper class and the suffering lower class was justified as it created the completion needed for societies to survive. He believed instead of aiding the poor, the wealthy just let the poor “die out” similar to Charles Darwin theory of natural selection.

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The idea of social Darwinism had not died out after the guided age sadly. The idea carried into nazi Germany where hitler used his idea of the master race and social Darwinism to justify his philosophy.

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He used this in the ring of economics as factory workers began striking over wages and working conditions. This social Darwinism viewpoint likely contributed to the poor being treated unfairly. Many social higher ups, even the ones that used corrupt ways to achieve their wealth, thought they had earned what’s theirs completely on their own.

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However, this was not the only idea of wealth in society at the time. The gospel of wealth preached somewhat the opposite message that wealthy should adopt the mannerism of philanthropy, or donating to the less fortunate.