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Monday, October 11, 2010

Extra Credit Opportunity: Bill Gates and the 'New' Gospel of Wealth


In 2006, Warren Buffett, the American financier famously announced that he would be donating the majority of his lifetime wealth to The Bill and Melinda Gates Foundation, which was founded by the Microsoft tycoon Bill Gates a decade earlier.

The Gates Foundation is arguably one of the worlds most effective philanthropic organizations, donating enormous amounts of capital toward issues in American public education and global public health.

Both Warren Buffett and Bill Gates have been called modern day "captains of industry" and have been compared to industrial predecessors Andrew Carnegie and John Rockefeller.

EXTRA CREDIT OPPORTUNITY: please read Carnegie's "Gospel of Wealth" and do some research about Gates and Buffett's motivation toward philanthropy.

Please write a well constructed paragraph that compares Carnegie's beliefs and the modern spin by philanthropists like Bill Gates.

This is due by FRIDAY, OCTOBER 15th.

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