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The philanthropy of andrew carnegie: did it make him a hero
The philanthropy of andrew carnegie: did it make him a hero
The philanthropy of andrew carnegie: did it make him a hero
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Andrew Carnegie was a well known businessman who made a fortune with his major company, Carnegie Steel. But the hot topic is not about the company, rather the man. Some claim Carnegie was a robber baron who treated his workers terrible, just so he could get his money. Others, consider him a perfectly fair, captain of industry who worked hard to get where he got. Throughout his whole life, Carnegie made and still continues to make, a difference in the world today. Andrew loved Philanthropy, during his life he donated and gave over $350,000,000.00 (About 12 Billion dollars today), that’s over 90% of his fortune. He also founded the first public library, then proceeding to found 2800 total. He also helped in funding churches and multiple hospitals …show more content…
always expecting nothing in return. Carnegie also founded the “Carnegie Foundation for Teaching which helped schools. He also founded a college which was later named in his honor as,”Carnegie College.” Andrew Carnegie also believed very heavily in hard work, when he died, he did not leave a single penny to his family, it all went to funding schools, libraries, and such.
But Carnegie did not believe without doing, as he started out working at the young age of 12 for just $1.25 a week. He worked very hard for promotions and often got them, eventually he got a pay raise up to $2 for his second job, he was thrilled for this pay raise and it made him want to work even harder. Andrew was so determined to get more money and better jobs that he learned new skills such as the iron and the telegraph, he was also one of the only boys to be able to recite the morse code message without having it put on paper. Whenever he became more rich he began to give speeches to little children, encouraging them to work hard. Carnegie helped the economy through his hard work and perseverance, his drive to be the best resulted in helping the country he lived in, America. Carnegie discovered a fast and easy way to make steel, he shifted to Steel instead of iron because it was cheaper and more durable, this for one, helped our country. because of his mass production, Andrew was able to lower the price of Steel by 20% for all Americans. he also played a major role in the industrial revolution, because of his Steel, America at that time Advanced ahead of everyone
else. Andrew Carnegie, the well-known businessman and self-made millionaire, donated to thousands of causes. Made himself known as one of the richest men in the world. Helped the economy with technological advances during the Industrial Revolution and made steel prices drop dramatically. Didn't give a single penny to his family. whether you consider him a robber baron or Captain of industry, none can deny that Andrew Carnegie was one of the richest men in the world.
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
Henry Ford, born in 1863, was the inventor of the industrial assembly line (4 - 2). He born to two farmers in rural Michigan, but even as a child he aspired for more (9 - 3). He began apprenticing at many different mechanical companies before settling at the company of the famed inventor Thomas Edison as an apprentice (4 - 2). Edison's business the Edison Electric Light Company was initially financed by John Pierpont Morgan, a "robber baron" (2 - 6)(3 - 1). The "robber barons" were men who had made a fortune during the mid to late twentieth century and were able to fund other's projects and help American capitalism progress (3 - 1). With the money given to him by John Morgan, Thomas Edison was able to finance Henry Ford's fascination
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.
Andrew Carnegie, was a strong-minded man who believed in equal distribution and different forms to manage wealth. One of the methods he suggested was to tax revenues to help out the public. He believed in successors enriching society by paying taxes and death taxes. Carnegie’s view did not surprise me because it was the only form people could not unequally distribute their wealth amongst the public, and the mediocre American economy. Therefore, taxations would lead to many more advances in the American economy and for public purposes.
During the Gilded Age, several Americans emerged as leaders in many fields such as, railroads, oil drilling, manufacturing and banking. The characterization of these leaders as “robber barons” is, unfortunately, nearly always correct in every instance of business management at this time. Most, if not all, of these leaders had little regard for the public or laborers at all and advocated for the concentration of wealth within tight-knit groups of wealthy business owners.
Robber Barons in America What is a robber baron? Webster’s New Dictionary defines him as an American capitalist of the late 19th century who became wealthy through exploitation (as of natural resources, governmental influence, or low wage scales) or a person who satisfies himself by depriving another. In America, we have a lot of these kinds of people. For this report, I am going to tell you about the ones that I found most interesting to me.
The Robber Barons, as they were called, were the kings of American Industry and American Society during the late 1800's and early 1900's. Rich beyond the average man's wildest dreams, these industrialists were often criticized for their philosophies and their ways of making money. Robber Barons can also be viewed as immoral, greedy, and corrupt, and the evidence to support such a view is not difficult to find. Bribery, illegal business practices, and cruelty to workers were not uncommon in this period, and many of the most respected industrialists were also the most feared and hated.
Andrew Carnegie and his philanthropy made him a hero because he helped more people than harm in the long run, by this I mean he helped other countries. He also sets a great example to everyone that helping others or someone is not something you need to wait to do when you are no longer living. If someone needed help and even a stable person had the choice to help but until they are no longer alive has little meaning. Perhaps it would be too late when the person isn’t around anymore. Its about what someone can do to help when they are around, it is about what a person can do in the time of need even if it is not much but a little of anything can go a long way. In (Doc C) there is a list of amounts of money that Carnegie has donated to various places which in total he has donated well over $271m but aside from that his corporation is giving out about $100m a year, most of it to education (Doc C)
Industrial development of the late 18th century (around 1865-1900) is often characterized by it’s affluent, aggressive and monopolistic industrial leaders of the likes of men such as Andrew Carnegie, William H. Vanderbilt, and John D. Rockefeller. Due to their ruthless strategies, utilization of trusts, and exploitation of cheap labor in order to garner nearly unbreakable monopolies and massive sums of wealth, these men are often labelled as “robber barons”. At the same time, they are also often referred to as “industrial statements” for their organization, and catalyst of, industrial development; not to forget their generous contributions to the betterment of American society. Therefore, whether or not their aforementioned advances in industry were undertaken for their own personal benefits, one cannot ignore their positive effects on America. Thus, one can conclude that not only were the captains of industry both “robber barons” and “industrial statements”, but that that these two labels, in fact, go hand-in-hand.
When the names Carnagie, Rockefeller, and Pullman come to mind, most of us automatically think of what we saw or read in our history books: "These men were kind and generous and through hard work and perseverance, any one of you could become a success story like them," right? Wrong. I am sick of these people being remembered for the two or three "good deeds" they have done. Publicity and media have exaggerated the generosity of these men, the government has spoiled these names with false lies, and people have been blind to see that these men were ruthless, sly businessmen who were motivated by your money and their struggle for power.
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.
Andrew Carnegie was born in Dunfermline, Scotland in 1835. His father, Will, was a weaver and a follower of Chartism, a popular movement of the British working class that called for the masses to vote and to run for Parliament in order to help improve conditions for workers. The exposure to such political beliefs and his family's poverty made a lasting impression on young Andrew and played a significant role in his life after his family immigrated to the United States in 1848. Andrew Carnegie amassed wealth in the steel industry after immigrating from Scotland as a boy. He came from a poor family and had little formal education.
Carnegie joined Thomas Scott during the civil war and developed a military graphing system. After this he advanced from telegraphy going through railroading and bridge building until he found himself in steelmaking, where he would make his profit. Due to his practical and ambitious ways, Carnegie wanted to dominate the steel industry, leading him to be tyrannical and a dishonest. Carnegie’s talent lied within promoting and selling steel rather than the technical part of steelmaking. Much like Rockefeller, Carnegie was also philanthropic because he gave much of his money away to build libraries, hospitals, parks, etc.
Carnegie's first job was a telegraph messenger boy, and later upgraded to work for the Pennsylvania Railroad Company as a telegraph operator. His persevering work allowed him to quickly advance through the company, and he became the superintendent of the Pittsburgh Division. He continued making investments and made good profits throughout the civil war, and finally left Pennsylvania Railroad and started his own iron companies, eventually Keystone Bridge Works and Union Ironworks.
Throughout Carnegies life he struggled to find a balance between two ideals; to make money, and to stand up for the working man. He obviously leaned more towards making money than he did working for labor rights, but Carnegie’s contributions to his community, the United States, and the world can not be understated.