p. 655
“
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 the few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.
— Andrew Carnegie
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "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 the few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race." in the context of "p. 655" to mean that wisdom is timeless.
Source: Wikiquote: "Andrew Carnegie" (Quotes, Wealth, 1889: "Wealth," in: North American Review, June 1889 vol. 148, issue 391, p 653-664.)
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
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About Andrew Carnegie
Andrew Carnegie (25 November 1835 – 11 August 1919) was a Scottish-American businessman, a major philanthropist, and the founder of the Carnegie Steel Company, which later became U.S. Steel.
About Andrew Carnegie
Andrew Carnegie (25 November 1835 – 11 August 1919) was a Scottish-American businessman, a major philanthropist, and the founder of the Carnegie Steel Company, which later became U.S. Steel.
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