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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; to provide moderately for the
legitimate wants of those dependent upon him; and after doing so to consider all surplus revenues
which come to him simply as trust funds, which he is called upon to administer, and strictly bound as
a matter of duty to administer in the manner
which, in his judgment, is best calculated to
produce the most beneficial results for the community— . . ."
— Andrew Carnegie, "Wealth," North American Review, June 1889
According to this passage, the responsibility of the wealthy is to
invest in future industry to increase wealth
share their excess wealth with the community
maintain a lifestyle consistent with their wealth
influence government to assist all people