The Social Darwinism of Wealth Consolidation

While the law [of competition] may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department. We accept and welcome, therefore, as conditions to which we must accommodate ourselves, great inequality of environment, the concentration of business, industrial and commercial, in the hands of a few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.

Notes:

Andrew Carnegie argues that economic inequality is good for the species because it promotes natural selection.

Folksonomies: social darwinism

Taxonomies:
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/society (0.178570)
/business and industrial (0.125847)

Keywords:
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Entities:
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The Gospel of Wealth, and Other Timely Essays, by Andrew Carnegie

Books, Brochures, and Chapters>Book: Carnegie , Andrew (1899), The Gospel of Wealth, and Other Timely Essays, by Andrew Carnegie, General Books, Retrieved on 2012-01-30

Source Material [books.google.com]

Folksonomies: history