How did Carnegie justify not giving his workers higher pay?

How did Carnegie justify not giving his workers higher pay?

Original question: How did Carnegie justify not giving his workers higher pay? Apparently he had more than enough qualified applicants that he could easily replace any workers who quit and the training costs were not high enough to justify an increase in wages.

What do you think Carnegie means by the problem of the rich and the poor?

What does Carnegie mean by the problem of the rich and poor? “The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and the poor in harmonious relationships.”

Could Bill Gates end world hunger?

Jeff Bezos could even end world hunger twice a year. Bill Gates could do the same. By an estimate of 30 billion dollars, EVERY person in all first-world countries would have to pay $33.08 per YEAR (about €27.34) to end world hunger. That’s three yearly Netflix subscription.

Why helping the poor is important?

Why helping a poor is important? A financially challenged person can be helped in many ways, one can provide him food, clothing, help him arrange a shelter, give him cash for medical treatment, provide medicine or help him get a job or self-employment.