BBC: Wealth Gap documentary series


first broadcast in series:   The View from London:
(downloadable mp3: )

interestingly, for England, they’re saying the gap hasn’t been this great since the Victorian era . . . in the US, they’re citing the age of the Robber Barons . .  .or the Gilded

great example of the differing view of those ‘barons’:

This, then, is held to be the duty of the man of wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance; … and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer… to produce the most beneficial results for the community—the man of wealth thus becoming the mere trustee and agent for his poorer brethren, bringing to their service his superior wisdom, experience and ability to administer, doing for them better than they would or could do for themselves.”
—From “Wealth,” by Andrew Carnegie, North American Review (1889)

“Law? Who cares about the law. Hain’t I got the power?
—Comment alleged to have been made by Cornelius Vanderbilt, when warned that he might be violating the law

and how true:  which of those 2 names has a history of philanthropy


Allthough Vanderbilt had not engaged in philanthropy at all until that point in his life, through his new wife’s influence, he perpetuated his name through a gift of one million dollars to Nashville’s Central University. One million dollars may not sound like a lot of money, but in the 1870’s it was. Using a conversion ratio of 260, based on the gross domestic product per capita then and now, the one million dollars was essentially equal to $260 million in today’s terms. The Nashville Central University would become, and to this day still is, the prestigious Vanderbilt University in Nashville, Tennessee.

During his lifetime, Carnegie gave away over $350 million.

Many persons of wealth have contributed to charity, but Carnegie was perhaps the first to state publicly that the rich have a moral obligation to give away their fortunes. In 1889, he wrote The Gospel of Wealth, in which he asserted that all personal wealth beyond that required to supply the needs of one’s family should be regarded as a trust fund to be administered for the benefit of the community.

His philanthropic interests centered around the goals of education and world peace. One of his lifelong interests was the establishment of free public libraries to make available to everyone a means of self-education. There were only a few public libraries in the world when, in 1881, Carnegie began to promote his idea. He and the Carnegie Corporation subsequently spent over $56 million to build 2,509 libraries throughout the English-speaking world.

Carnegie set about disposing of his fortune through innumerable personal gifts and through the establishment of various trusts. Each of the organizations established by Andrew Carnegie has its own funds and trustees and is independently managed.

Mitt Romney:   (mostly to LDS)

This entry was posted in 2012 OWS, Political News - International, Political News - National. Bookmark the permalink.

72 Responses to BBC: Wealth Gap documentary series

  1. Pingback: 18983839805

  2. Pingback: cheap ray ban wayfarer sunglasses

  3. Pingback: cheap ray ban sunglasses sale

  4. Pingback: billige ray ban solbriller salg

  5. Pingback: nike air max 90

  6. Pingback: 翻译找我们

  7. Pingback:

  8. Pingback: easy article rewriter

  9. Pingback: order phen375

  10. Pingback: margaret cunniffe

  11. Pingback: para kazanmak

  12. Pingback: how much is hgh pills

  13. Pingback: joseph shihara rukshan de saram

  14. Pingback: joseph s r de saram

  15. Pingback: joseph s r de saram

  16. Pingback: joe de saram

  17. Pingback: rhodium

  18. Pingback: ethanol haard kopen

  19. Pingback: dryer vent cleaning cost

  20. Pingback: Limos

  21. Pingback: in vitro

  22. Pingback: nbc censors olympics

  23. Pingback: arnaque

  24. Pingback: neo pharma steroids

  25. Pingback: steroids for bigger arms

  26. Pingback: hire a lawyer

  27. Pingback: balkan pharmaceuticals reviews 2015

  28. Pingback: celtic jewellery

  29. Pingback:

  30. Pingback: tuf season 8

  31. Pingback: android games

  32. Pingback: para herseydir

  33. Pingback: Bilskrot Göteborg

  34. Pingback: perjuriousperverts

  35. Pingback: Skrota bilen

  36. Pingback: buy nph insulin

  37. Pingback: BRIAN WILLIS Brockstar

  38. Pingback: LuxSauna

  39. Pingback: nationwide home comfort


  41. Pingback: 韩国K金时尚首饰

  42. Pingback: Beverly Diamonds

  43. Pingback: Executive pleading poverty after $44M judgment

  44. Pingback: DAN ANTON: BACKLINKSVAULT and BrandlinksRank

  45. Pingback: Beverly Diamonds

  46. Pingback: lise winicki

  47. Pingback: SFO probes US lender over missing millions

  48. Pingback: AT&T sues former workers, alleging secret scheme to unlock hundreds of thousands of phones

  49. Pingback: fußballtrikots Günstige

  50. Pingback: fotbollströjor

  51. Pingback: fotballdrakter barn

  52. Pingback: 2019

  53. Pingback:

  54. Pingback: #macron #Lassalle

  55. Pingback: a2019-2020

  56. Pingback: facebook

  57. Pingback: facebook1

  58. Pingback:

  59. Pingback: fotballdrakter

  60. Pingback: fotbollströjor

  61. Pingback: Billige Fodboldtrøjer

  62. Pingback: Runescape mobile bot

  63. Pingback: website

  64. Pingback: celtic tröja

  65. Pingback: maglietta pogba

  66. Pingback: manchester united tøj

  67. Pingback: fodboldtrøjer børn

  68. Pingback: fußballtrikots

  69. Pingback: fussball trikot

  70. Pingback: billige fotballdrakter

Leave a Reply