2. Social Darwinism
The application of Charles Darwin’s laws of evolution
and natural selection among species to human society.
The belief that only the fittest survive and flourished in
the market place in human political and economic
struggle.
3. Social Darwinist
Believe
In the 19th century, the idea that humans, like animals
and plants, compete in a struggle for existence in
which natural selection results in “survival of the
fittest.”
4. Social Darwinsim
Affect on Society
In commerce and human societies led to clams that
social inequality, sexism, racism and imperialism were
justified.
5. John D. Rockefeller
“God gave me my money”
Those who failed had earned their failure through
laziness, stupidity , or carelessness
Took charge of oil refinery business by applying the
latest technologies and efficient practices
Company Standard Oil Trust controlled 90% of the
oil refinery business by 1881
7. Andrew Carnegie
Established more than 2,500 libraries in the States,
endowing and universities
Established the Carnegie Corporation of New York
Promoted the advancement and diffusion of
knowledge and understanding
Used his wealth to improve the world
Published “North American Review” in 1889
9. Warren Buffett
Chairman and chief executive officer of numerous
companies
One of the worlds’ richest men with an estimated net
worth of $45 billion.
Gives away his fortune during his lifetime; rather
than having the funds distributed after his death
Buffett’s wealth will go to the Bill and Melinda Gates
Foundation
10. Common Values and Assumptions
Both have a story to tell about being poor and ending
up rich
They do not want to give their money or wealth to
family members
They want to donate their wealth to charities
Businesses operate global. The wealthiest business
people in modern times are not people who make steal
11. Conclusion
Andrew Carnegie set the stage for Warren Buffett, Bill
Gates to give away their fortune, altering philanthropy
forever
Carnegie stated “The man who dies thus rich dies
disgraced.”
Buffet pledge “99% of his wealth will go to philanthropy
during his lifetime or at death”