LAD 17
"The problem of our age is the administration of wealth". Carnegie states that the gap between the rich and the poor is much wider than what it was a hundred years ago. He feel that such a social structure makes it impossible for there to be any sort of brotherhood between the rich and the poor; yet he believes it is beneficial in that it stimulates progress in the human race. His quote "Much better this great irregularity than universal squalor", indicates that he is partial to a gap in the social classes with progress in the race than everyone toiling together.
Carnegie asks, "What is the proper dispersal of wealth after the government has thrown it in the hands of the few?". In discussion of the surplus of wealth, Carnegie explores three possibilities of its disposal. The first is rather obvious; it is left to the family via a will. It can be donated to public purposes, or finally, it can simply be spentfinally, it can be spent during their lives by its possessors.
The first method does nothing to change the gap between the poor and wealthy, but the other three help bring the two closer together. The surplus of the few becomes the property of the many, in Carnegie's words.
In closing, Carnegie details principles of responsible men of wealth. Not to display extravagence, to moderately provide for the wants of those dependent on him, and to use his judgement to calculate a benefit for the community in doing them.