The Gospel of Wealth

Op-Ed Columnist - The Gospel of Wealth - NYTimes.com:

"The United States once had a Gospel of Wealth: a code of restraint shaped by everybody from Jonathan Edwards to Benjamin Franklin to Andrew Carnegie. The code was designed to help the nation cope with its own affluence. It eroded, and over the next few years, it will be redefined."

Please note that the Robber Barons of the 19th Century did well by doing good. Building the railroads, the banks, the commercial empires, the utilities etc. Some frittered away their fortunes, others used them to create libraries, universities, and other public assets. But the important thing was the way they made their money. Today's super rich are rebuilding the financial system, the information infrastructure, and the other necessities of modern living.