Arguing for the goodness of his vast wealth, Andrew Carnegie, in 1889 proffered society is all the better for the existence of the rich. He stated that God had given him the talent to make money, and he would use his God-given talent to it’s full extent. This steel baron continued that the prosperity of the few, like himself, lifts the standard of living for all citizens. Shorthand for his philosophy, let the rich get richer because it’s good for everybody.
Economist and social critic Henry George took issue with Carnegie’s premise. In rebuttal George insisted that in no way did concentrated wealth help anyone except the rich. Carnegie’s Gospel of Wealth was in fact a myth, and useful one for oppressing the lower classes. Where Carnegie argued the betterment of people, George countered a wedge had been forced through society, crushing the poor into oblivion.
In our time Carnegie’s argument has permeated American culture, and has matastasized so deeply in our belief system, that the super rich are nearly worshipped. Today’s robber barons, Bezsos, Zuckerberg, Musk, Gates, and others are perceived as superior, breathing the rare air of the most blessed. These characters are untouchable.
In the tradition of Henry George the reality is something quite different. According to psychologists the super wealthy share strikingly similar characteristics. Obsession with money drives these individuals. Making money, keeping money, and making more money is an obsession. Appearances are everything and must be maintained at all times. The exhaustive race for money and rank distorts moral judgement, compassion, and empathy. Screwing others over is part of the game.
Another characteristic shared by the ultra rich is confidence and a capacity for risk, however I would argue that also describes gang leaders and con men. Most compelling is that these individuals are no happier for their efforts.
Like Henry George our culture needs to dispense with the idea of moral superiority among the wealthiest. God did not make these men rich no more than God make drunks drunks, and druggies, druggies. This is obsessive-compulsive behavior and should be seen as such.
As to charitable work among this crowd, remember the Sacklers made OxyContin, a ton of money, leading to thousands of American deaths, while donating millions to museums and universities. Clearly vast wealth does not require a moral compass, nor help the most vulnerable among us.
The Presbyterian in Scotland-born Carnegie knew his justification ran counter to his childhood faith. From the First Commandment’s “Thou shall have no other gods before me,” to Jesus’ “Verily I say unto you it is hard for a rich man to enter the kingdom of heaven. This steel man betrayed and countered the tenets of his youth, creating the false god of money.
And Americans have been devout followers ever since.
Gail Chumbley is the author of the two part memoir River of January, and River of January: Figure Eight. She has also authored three stage plays, Clay, Wolf By The Ears, and Peer Review. Chumbley is the co-writer of Dancing On Air a screenplay based on her River books.





