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Carnegie Said "Socialism Is the Grandest Theory Ever Presented"




More on why Andrew Carnegie is not my favorite innovative entrepreneur:


(p. 257) "But are you a Socialist?" the reporter asked.

Carnegie did not answer directly. "I believe socialism is the grandest theory ever presented, and I am sure some day it will rule the world. Then we will have obtained the millennium.... That is the state we are drifting into. Then men will be content to work for the general welfare and share their riches with their neighbors."

"'Are you prepared now to divide your wealth' [he] was asked, and Mr. Carnegie smiled. 'No, not at present, but I do not spend much on myself. I give away every year seven or eight times as much as I spend for personal comforts and pleasures."



Source:

Nasaw, David. Andrew Carnegie. New York: Penguin Press, 2006.

(Note: ellipsis, and bracketed pronoun, in original.)

(Note: the pagination of the hardback and paperback editions of Nasaw's book are the same.)






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