Karl Marx Vs Andrew Carnegie

Andrew Carnegie was a Scottish-American industrialist who became rich through powerful investments and the monopolization of the American steel industry. Karl Marx was a German journalist who wrote the famous Communist Manifesto as opposed to Carnegie’s The Gospel of Wealth. Both writings differed primarily in socioeconomics through ways of equally distributing wealth and various economic models — Carnegie’s being superior. In Carnegie’s essay, he argues under the concepts capitalism and human individualism. He uses Social Darwinism and philanthropy to convey that the wealthy are the superior class and have responsibility to help the lesser classes. Equally important, he advocates the laissez-faire system in which governments leave private

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