Andrew Carnegie, a robber - barron that took advantage of his poor employees and his relentless competition, his personal intentions and innovations on the steel industry and philanthropic distributions positively changed America's society and views of education.
Early 19th century, the American industrialist of the time we're gathering good fortunes through Carnegie's ideas and initiative. This man started out onto the road to wealth and success, starting from rags to the riches and earned the reputation he brought among himself bringing him into American history. For those who exploited others on the road to wealth were automatically labeled as “robber-barrons" i.e. John D Rockefeller. Nevertheless, those whose personal success positively impacted the United States, earning the title of the" captains of industry" surprisingly Andrew Carnegie happened to do both.
During the Civil War had produced the extremely high demand for more iron particularly in Pittsburg where Carnegie was located at the time. He primarily focuses on developing the steel production in the area of Pittsburg to meet the demand. Andrew Carnegie was credited with innovated a cheap and faster production system for producing steel, eventually becoming the biggest steel
The most recognized is the Carnegie Hall in New York. Carnegie also relied on his competition needed to guide him to be the "captain of industry" despite being astute. He believed that all masses should have the right to be self-educated and perhaps become more successful.
To some Carnegie is an idol, to some he is a shrewd. Coming from the days to the riches, becoming a self-made and self-taught man who introduced the biggest steel industry of his time. He still gave his fortune to the society giving him the label of "captain of industry” and placing him into American
Cornelius Vanderbilt was a captain of industry. He came from a poor family and turned into a captain of industry controlling 85% of rail road and inspiring others to follow suit. He did many great things and not so great. Went from making a steamboat ferry to Grand Central Station. By the end of his life he had more than $100 million dollars.
Despite the negative encounters of Andrew Carnegie’s Steel Company, the exploration and exchange of Carnegie Steel is that the steel was cheap. This had a positive impact on the United States because steel fed national growth, steel meant more jobs, national prestige, and a higher quality of life for
Industrialists Andrew Carnegie and Henry Clay Frick could not have come from more different backgrounds. Carnegie was born in the Scottish town of Dunfermline to a very poor family in 1835. When he was 12 years old, his father, a weaver, decided to move the family to the United States in search of better prospects, arriving at what was then the municipality of Allegheny, Pennsylvania, now part of Pittsburgh’s North Side. By that time, Pittsburgh was already known as a major center for the production of steel and other metals. In 1853, at the age of 18, Carnegie was hired as a telegraph operator for the Pennsylvania Railroad, and became a protégé of Thomas A. Scott, who would soon rise
Andrew Carnegie, the monopolist of the steel industry, was one of the worst of the Robber Barons. Like the others, he was full of contradictions and tried to bring peace to the world, but only caused conflicts and took away the jobs of many factory workers. Carnegie Steel, his company, was a main supplier of steel to the railroad industry. Working together, Carnegie and Vanderbilt had created an industrial machine so powerful, that nothing stood in its path. This is much similar to how Microsoft has monopolized the computer software
Even though these men attempted to build a stable foundation for America to grow on, their negative aspects dramatically outweighed the positive. Even though Andrew Carnegie donated his fortunes to charity, he only acquired the money through unjustifiable actions. As these industrialists continued to monopolize companies through illegal actions, plutocracy- government controlled by the wealthy, took control of the Constitution. Sequentially, they used their power to prevent controls by state legislatures. These circumstances effect the way one
...interpretations of their assumption of millions of dollars. Due to their appropriation of godlike fortunes, and numerous contributions to American society, they simultaneously displayed qualities of both aforementioned labels. Therefore, whether it be Vanderbilt’s greed, Rockefeller’s philanthropy, or Carnegie’s social Darwinist world view, such men were, quite unarguably, concurrently forces of immense good and evil: building up the modern American economy, through monopolistic trusts and exploitative measures, all the while developing unprecedented affluence. Simply, the captains of late 19th century industry were neither wholly “robber barons” or “industrial statesmen”, but rather both, as they proved to be indifferent to their “lesser man” in their quests for profit, while also helping to organize industry and ultimately, greatly improve modern American society.
Andrew Carnegie was a man who was born poor, but wanted to change many lives for those who were like him. Since he was able to walk, he started to work he was a bobbin boy in Pittsburg. Carnegie would work 12 hours a day to
Andrew Carnegie in September 1875 production cost was pretty high but his selling price was way higher, in January 1877 he lowered his production cost by a lot and the selling price went down as well but it was still fairly higher than what he was making the steel for,and in November 1977 Carnegie was able to lower his production costs even more as well as his selling price which was a bit more than what he spent making the steel. (Doc D). The main idea of this chart is to show that over the period of September to November Carnegie was able to drop his prices and costs significantly but that doesn't make him heroic. That just means he found new methods, material, or cut the cost of labor, this is just Carnegie being a good businessman. Steel production in the United States was very small compared the Great Britain in 1870, ten years later in 1880 the US’s production launched and was just right under Great Britain, another ten years later in 1890 the US finally passed GB in production but but by very much, ten years after that in 1900 Andrew Carnegie’s mills was making one-third of all the steel in the US making the steel production to skyrocket still in the lead at #1 with Germany and Luxembourg no where near and then in 3rd was Great Britain a little bit close to GL (Doc E). This chart is just to show the production of steel in the United States comparing with other countries over the span of 1870-1900 and to see how Carnegie’s mills effected the US production. This chart does not show Carnegie as a hero just how well his factory productions was going. Overall Andrew Carnegie was very good at being a businessman because he had a lot of financial success with lowering his production costs but that's not very heroic of him, it’s really only doing him good because he's saving
In Harold C. Livesay’s Andrew Carnegie and the rise of Big Business, Andrew Carnegie’s struggles and desires throughout his life are formed into different challenges of being the influential leader of the United States of America. The book also covers the belief of the American Dream in that people can climb up the ladder of society by hard work and the dream of becoming an influential citizen, just as Carnegie did.
To understand Carnegie before he became a wealthy man, he grew up poor working for $1.20 a week (Document LV). At the age of 50 years, he took a risk by investing in a package delivery company. His gamble paid off and he gained money to start his company, Carnegie’s Steel Company. Eventually, his company grew and caused
While Carnegie held the aptitude for greatness regardless of his surroundings, without free enterprise, he would not have even had to option to take a chance or to explore new ideas. In regulated economies, not only is the currency and producer-consumer relationship controlled by the government, many times the media is as well, as not to create a system in which citizens long for something else. In this case Carnegie would not have had the access to the learning resources that he did, and would never have learned how to use a telegraph machine. There would have been no room for lateral growth, and the world as we know it may not exist without Carnegie’s courage and yearning to better himself and the world.
Cornelius Vanderbilt is most recognized in the United States history for building the New York Central Railroad System and expanding this system to be over 2,400-miles long. From when Vanderbilt was only eleven-years-old, to the day he died, he was working hard, making money, and becoming known as one of the richest persons of, not only his time, but all time. Vanderbilt was also known for his impeccable business skills in the boating and railroad industry, and how he made such a fortune through these two things. Throughout United States history, many people are admired for their hard work and dedication to their businesses and how successful they are in their fielf, but Cornelius Vanderbilt will always be remembered as the most successful, competitive, hard-working, and intelligient businessman in the hisstory of the United States. (Childhood, Life Achievements & Timeline: Who Is Cornelius Vanderbilt? Everything You Need to Know. Page
Steel Company after a serious, bloody union strike.He saw himself as a hero of working people, yet he crushed their unions. The richest man in the world, he railed against privilege. A generous philanthropist, he slashed the wages of the workers who made him rich. By this time, Carnegie was an established, successful millionaire. He was a great philanthropist, donating over $350 million dollars to public causes, opening libraries, money for teachers, and funds to support peace.
Carnegie saw how bad the wooden railroads were, so he proceeded to slowly replace them with iron ones. Carnegie's charm, perception, and hard work led to becoming one of the world's most famous men of the time, and led to the first corporation in the world with a market capitalization in excess of one billion when he sold his companies to John Morgan who called them United States Steel Corporation.
There have been many wealthy men Throughout American history, many have been the topic of many heated debates among them, Andrew Carnegie. Andrew Carnegie at one time was the richest man in the world, who immediately after gaining that title began giving his money away. The impact and size of Carnegie’s philanthropic efforts are undeniable, but why he gave so much has been a topic of debate for nearly a century now. Carnegie’s rags to riches story is the epitome of the American dream and has been an inspiration to many entrepreneurs around the world.