Andrew Carnegie Essay
Andrew Carnegie was a ruthless millionaire because of him having a under average wage to so many people that for example led to Homestead Strike (www.history.com, Doc H, Doc I, Doc O).
Andrew Carnegie believed in social darwinism that was a way of thinking that the strongest and the ones giving the most effort climes the social ladder the most and his competitor in that area was the great danish person named Jacob Riis who wrote the book called how the other half lives showing the horrible living conditions of how the poor half of the country lived and wrote (notes).
Carnegie was also a ruthless millionaire because of the way he gained his monopoly and used it. He made the prices so low for steel that they would go
…show more content…
Carnegie gave people several gifts that he used to help himself like Homestead Relief Fund that was worth 4 million dollars, which helped him out in different ways for it for example helped out the steel workers to keep them in a better shape to do more work, kept their small hopes up and gave him a much better image(Doc N, Doc O).
Carnegie was able to give away these big gifts because he was lowering the wages of his workers to do so, which The Saturday Globe shows very well in their picture(Doc O).
Andrew Carnegie started his business in the american steel industry that he had created because of him studying how the english made steel. Because of him getting so early, compared to his later competitors, in the steel industry he managed to vertical intergrate all the steps for steel production, shipping and selling. And because he had gotten such a good holding in the industry he then got a monopoly out of it.(notes)
When Allegheny Bessemer Steel began to look like a threat for Carnegie’s monopoly, he told the railroads lies about Allegheny Bessemer Steel so that the railroads would not buy steel from them. In one year Allegheny Bessemer Steel felt the squeeze and the year after was forced to sell out to Carnegie.(Doc
The general argument made by Robert L. Heilbroner in The Master of Steel: Andrew Carnegie is that Andrew Carnegie was a Captain of Industry. More specifically, Heilbroner argues that Andrew Carnegie was a benevolent industrialist who capitalized on opportunities to amass a fortune in which he would later donate towards the benefit of humanity. Andrew Carnegie grew up in a radical environment in Scotland where the arrest of his uncle shaped him into a Republican that despised privilege. Due to the Industrial Revolution and the establishment of steam mills, Carnegie’s family was forced to sell their looms and move to America in order to find new opportunities. Heilbroner points out that young Andrew Carnegie had a negative view on wealth
Many people at the time were living in poverty and there weren’t enough jobs that had sufficient pay to support a family. The steel industry was one that had the highest earning wages. The average daily wage at the time for iron and steel workers were $1.87, this is far above other industries that had a smaller amount of pay. Others can argue that because of the bad working conditions workers faced in the steel industries, Carnegie shouldn’t be considered a hero. But isn’t the goal of a business to create more jobs? Carnegie believed that it was proper to have completion between the rich and the poor because if there wasn’t, there would be no individuals capable enough to provide such jobs to further expand the essential needs of laborer and those of the economy (Doc 3). When Carnegie sold the Carnegie Steel company to J.P Morgan for $400 Million, the newly named company (U.S Steel) created numerous amounts of jobs employing 168,000 people.
Carnegie, born poor; grew up to be one of the wealthiest men in American history. You would think that his actions would be generous with how much money he has. In light of things his actions were quite the opposite. Carnegie grew up poor in a cabin in Scotland. His family decided to move to America and later he end up making money off of low wage workers.
One of the captains of industry in 19th century America, Andrew Carnegie, helped build the formidable American steel industry, a process that turned a poor young man into one of the richest entrepreneurs of his age ("Andrew Carnegie"). Andrew Carnegie was beneficial to America in many ways. He did this through the new technology he introduced to the steel industry, new programs, public works, and other acts of generosity he committed. However, not only did he benefit the United States, but he also preached world peace and helped to improve Europe, which indirectly benefited America. Andrew Carnegie positively affected America through not only himself, but also his “ Carnegie Steel Company.”
Good morning to my fellow American citizens and colleagues. I, Andrew Carnegie have decided, after much deliberation, to address my status as a “robber baron”. To truly understand my reasoning on this issue, we must first discuss how I rose to my current status, and what hardships I faced along the way.
Carnegie didn’t let the Industrial Revolution that destroyed his father’s business destroy him. As a young boy in Pittsburgh, Pennsylvania Carnegie began working in a factory. He despised this position but it made him stronger and he pushed on in his hunt for his new future. In so doing, he was able to gain a fresh outlook with a position in a telegraph office. From here, he developed a skill that all successful business men need to master; Carnegie learned the artful skill of making business connections. This new talent is what led Carnegie to his relationship with Thomas Scott. Scott helped Carnegie by getting him a job with Pennsylvania Railroad. This position was a crucial turning point in Carnegie’s career.
Andrew Carnegie is considered to be the richest person ever. Carnegie is known for his steel business that he developed on and became one of the last steel business by buying and taking out his competition. Carnegie is said to be a very generous man by donating to education and charities. The questionable thing about Carnegie is if he is a hero? Many people see him as helpful, and nice, but others see him two faced, selfish, and hypocritical.
Who is Andrew Carnegie? Is he a hero? Carnegie was born in 1835, and grew up poor, living in the attic above his father’s shop. In 1848, looking for a new life, his family made the move from their home in Scotland to the United States. He found a new way to produce steel, and that brought him a great fortune. Carnegie became a hero in the time when his steel business what striving. It was highly improbable that someone coming from a family like his would have anything else than the working middle class life. But he defeated those odds to become the richest man in America. He also had a very honorable view on how one’s fortune should be spent. Those views made him highly liked by millions around the world. Finally, what he gave and started for
Andrew Carnegie (1835-1919) was a major American industrialist in the late 19th century and after obtaining substantial wealth from his steel industry, became an advocate for giving back to the less fortunate. Carnegie’s desire to donate to those less fortunate came from past experiences, growing up as an immigrant and working in a cotton factory young. He knew and understood the hardships that people faced when not able to acquire the type of wealth he rose to earn. Through his long life this atypical businessman advocated for many and dedicated the later years of his life to promoting the general welfare of the world.
Andrew Carnegie was one of the wealthiest men in America but his wealth didn’t come without hard work and dedication. Carnegie was born in “Dunfermline, Scotland on November 25, 1835” (Tyle). According to Laura B. Tyle, the invention of the weaving machine unfortunately pushed Carnegie’s family in to poverty “In 1848, Carnegie’s family left Scotland and moved to Allegheny City, Pennsylvania, where his father and eventually him worked in a cotton factory” (Tyle). After leaving the cotton factory “Carnegie became a messenger boy for the Pittsburgh telegraph office and eventually made his way up to telegraph operator” (Tyle). According to Laura B. Tyle “Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad, made Carnegie his secretary at the age of eighteen.” Later, Carnegie took over Scott’s position of the railroad. Furthermore Carnegie “began to see that steel was going to replace iron and by 1873 he organized a steel rail company” (Tyle). According to Laura B. Tyle he continued to build his company when he “cut prices, drove out competitors,
Without Carnegie, the steel industry, and the second industrial revolution in general, would never have progressed as much as it did. Carnegie did what was necessary to make the steel industry more productive and more efficient, for less money. He was a shrewd, ruthless, businessman who’s aggressiveness made the steel, railroad, and oil industries so economically successful. These characteristics, though not always looked upon as nice or sympathetic, were sometimes necessary. He had paid his time as a poor factory boy, and now it was his turn to live comfortably and aid others less fortunate to work towards the same success.
Carnegie was raised in the belief that the wealthy should use their money for the benefit of the people as a whole and that people need to work for their wealth, and he made use of these beliefs when he asserted the problems. Carnegie acquired and kept a great deal of wealth from monopolizing (or nearly completely so) the steel industry and by paying his workers minimal wages, and he forbade his workers from forming or joining unions that could alter or sway the way he ran his business. In this way, Carnegie’s response to the problems brought by the industrialization intensified the problems. On the other hand, however, Carnegie donated a portion of his fortune to public works, although he did not support charity to a high degree. The money he donated was used in the creation of libraries, foundations for various activities, and other institutions, which helped improve the quality of life for the common man and also helped the laborers have activities to do in their leisure time that could help them improve their standing in life.
To simply give money as “charity” to a man who has none, is to only feed into his follies as a man. Carnegie believes that in an every 1,000 dollars given to charity, 950 dollars of it goes to waste. The rich man who simply hands money away in small sums to others themselves only stalls the growth of character and ambition throughout the Nation.
Let us first look at Mr. Andrew Carnegie. Carnegie was a mogul in the steel industry. Carnegie
Andrew Carnegie was an industrialist who led the expansion of the steel industry in America. He made his fortune in the steel industry, controlling the most iron and steel