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Andrew carnegie 2nd industrial revolution
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America gained an influential philanthropist and businessman when Andrew Carnegie rose to success through his steel company. Andrew Carnegie (1835-1919), was a Scottish immigrant who emigrated to the United States after his father found it hard to find work. After settling near Lake Erie, Carnegie regretted not having an education but took advantage of a personal library that provided access to any boys working there. Carnegie worked his way up through many positions such as a telegraph messenger, personal secretary, and head of the Pittsburgh division to become a successful steel company businessman. Was Andrew Carnegie: The Father of Vertical Integration, a hero? A hero is someone who has financial success, intelligence, and concern for others. …show more content…
Carnegie thrived in business when he took his own advice throughout many situations in his life. Harold C. Livesay in Andrew Carnegie and the Rise of Big Business, comments on how Carnegie was always on his toes when it came to his steel business and when it came to competition. Livesay also mentions how Carnegie gave Doubleday advice in leaving a poorly ran company. (Doc. 3). Carnegie was a role model to other businessmen. He paid well attention to his costs and earnings, also growing competitive as business competition stiffened. In addition to his competition, Carnegie bought out his competition and provided jobs for many workers. In Document 5, Carnegie’s business technique of Vertical Integration portrays Carnegie’s properties starting from raw material to manufacturing. Carnegie’s many properties depicted him out as a very successful man and attracted envy from other businessmen. This evidence helps explain why Andrew Carnegie was a hero because Carnegie’s role modeling and advice helped other businessmen take care of their properties better and may have granted them to be financially prospered as well. Andrew Carnegie can be connected to the intelligence trait because his own advice allowed him to change America’s industrial life and allowed him to be …show more content…
Financial success, intelligence, and concern for others are some traits that make Andrew Carnegie a unique hero. Although Andrew Carnegie later on lost public support on his ideas, his appearence of a “hero” to Americans remains because of his impact in “improving the humankind”. Andrew Carnegie and heroism are important today because of his selfless humanity towards the world and business
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
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.
In the documents titled, William Graham Sumner on Social Darwinism and Andrew Carnegie Explains the Gospel of Wealth, Sumner and Carnegie both analyze their perspective on the idea on “social darwinism.” To begin with, both documents argue differently about wealth, poverty and their consequences. Sumner is a supporter of social darwinism. In the aspects of wealth and poverty he believes that the wealthy are those with more capital and rewards from nature, while the poor are “those who have inherited disease and depraved appetites, or have been brought up in vice and ignorance, or have themselves yielded to vice, extravagance, idleness, and imprudence” (Sumner, 36). The consequences of Sumner’s views on wealth and poverty is that they both contribute to the idea of inequality and how it is not likely for the poor to be of equal status with the wealthy. Furthermore, Carnegie views wealth and poverty as a reciprocative relation. He does not necessarily state that the wealthy and poor are equal, but he believes that the wealthy are the ones who “should use their wisdom, experiences, and wealth as stewards for the poor” (textbook, 489). Ultimately, the consequences of
Third and lastly, look at how both men treat their workers and customers in order to achieve the most possible profit for their company. Let us first look at Mr. Andrew Carnegie. Carnegie was a mogul in the steel industry. Carnegie developed a system known as the vertical integration. This method basically cuts out the ‘middle man’.
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)
Andrew Carnegie and Walter Rauschenbusch represent two opposing sides in the integration of Christian faith into society. Carnegie’s Gospel of Wealth stated that the rich must reinvest their earnings into social programs that would benefit the poor without providing excess money that would enable them to spend frivolously on items that would not actually improve their overall situation. In contrast, Rauschenbusch was more concerned with the physical well being of those in lower classes. Both men wrote their works as a moral response to the rapid changes industrialization produced in their economies; similarly, today’s economy is rapidly changing as a result of technological development. However, morality has struggled to keep up with the exponential advancement in technology, leaving people with little
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 was not a hero because he lacked integrity and concern for others because he lied about his competitors, and only cared about money. Carnegie may have had success but that doesn't make him a hero.
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.
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.
Some people may disagree and say that Andrew Carnegie was a hero, because he had integrity, and was financially successful. In the article Andrew Carnegie by
Andrew Carnegie believes in a system based on principles and responsibility. The system is Individualism and when everyone strives towards the same goals the system is fair and prosperous. Carnegie’s essay is his attempt to show people a way to reach an accommodation between individualism and fairness. This system can only work if everyone knows and participates in his or her responsibilities. I will discuss Carnegie’s thesis, his arguments and the possible results of his goals.
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.