Andrew Carnegie was born in 1835 in Dunfermline, Scotland, but immigrated to the United States in 1848 with his parents. Carnegie became wealthy through his venture in steel with his company Carnegie Steel Corporation. He sold the company in 1901 for $480 million to JP Morgan and decided to focus on his philanthropic work. Carnegie developed an ideology called the “Gospel of Wealth”, in which he stated that “those who accumulated money had an obligation to use it to promote the advancement of society”. Carnegie became famous for practicing what he preached, as he would fund public libraries and gave money to charities. Carnegie believed it was better to build public institutions rather than to give direct handouts to people. By giving assistance
Carnegie built plants around the country. He used technology that made manufacturing steel easier and faster.” Without Carnegie's steel business, the United States wouldn’t be able to make steel as easily. Becoming the largest of its kind, his business made him very wealthy. In addition, Carnegie’s belief that all wealthy should give back, made him donate most of his fortune to making over 2,000 libraries, and building Carnegie Mellon University.
Andrew Carnegie and Samuel Gomper have different takes when it comes to the role that wealthy people should have in society. The two authors have opposed feelings toward the poor people being in the state of condition that they are in. Although their views are different what they are proposing in both documents can help the poor people. Carnegie’s The Gospel of Wealth focus more on what the wealthy people should do with their wealth to benefit the society.
Andrew Carnegie, a Scottish American leader was best known for his steel and production and philanthropy also know as to some as a robber baron and to other as a “captain industry,” Carnegie founded the Carnegie Steel in the Progressive Era. His company led to him learning about the lives of the workers and to see how life really worked for them. He began his essay “Wealth” by describing the problems of generosity by the rich men of the upper class. Carnegie wanted the wealthy men to comprehend how to be philanthropy and reconstruct their surplus means in a responsible and thoughtful manner.
Andrew Carnegie was born on November 25, 1835 to William Carnegie and Margaret Morrison Carnegie in Dunfermline, Scotland. Carnegie’s father was a linen weaver, but in 1847, steam- powered looms became popular in Dunfermline leaving many of the hand loom weavers unneeded. Margaret Carnegie stepped up to the plate to provide for the family by repairing shoes and opening a small grocery store. In 1848, Carnegie and his parents made the passage to America where they joined his mother’s sisters in Pittsburgh. Carnegie later wrote that he would learn what it was like to live in poverty and to watch his father beg for money.
Gina Zubair American History 1 Period 2 September 10, 2014 Andrew Carnegie, a Captain of Industry Andrew Carnegie was one of the most of the powerful men during the late 1800s, had created a steel industry, founded new technology to produce his product faster, and had built his empire starting from the very bottom. He was an American industrialist who gained a fortune in the steel industry, and afterwards became a philanthropist. As a captain of industry because he has done a great duty to shape our country to what it is now, by creating an empire that has built and urbanized our cities as well as philanthropic deeds. Carnegie had lived from 1835 to 1919 and was born in Dunfermline, Scotland. His parent’s names were Will and Margaret.
Andrew Carnegie's views on wealth is almost the same as how billionaires think and use their money today . Carnegie's thought that people with money they would be able to help the poor by building libraries and other type of building that would help the middle class to get an education. He taught by helping the middle class rise from poverty and give them an education they would be able to do great things in life. Based on what I have read in both article Andrew Carnegie's views were considered ethical because he wanted what was best for the poor and he wanted to help the coal miners and give everyone an education.
Morgan, and became a philanthropist (“Andrew Carnegie Biography”). His decisions in how to go about his philanthropy were influenced by his own experiences. While Carnegie didn’t spend much time in a formal classroom, he learned to read and gained knowledge from books (“Andrew Carnegie Biography”). Because of this, Carnegie saw books as the key to helping communities. “Those worthy of assistance … seldom require assistance,” he said (Carnegie 17).
The context given over Andrew Carnegie led me to believe many things going towards him as a human. Andrew Carnegie had many things accomplished in his life there is much evidence backing up him as a businessman, boss, and one of the richest men in the world. Andrew Carnegie was a classic rag to riches tail, from him coming to the US as an immigrant to being one of the richest and most eager men in the world. He immigrated to the US due to the swinging door policy the states had, allowing new races cultures, etc, to come over to the US and began a new life. During the time he immigrated to the US, there was a large-scale boom in the economy due to the industrial revolution allowing there to be more potential for success.
Andrew Carnegie, A man of many talents, that never gave up, and always strived for perfection. When you think of the economy and how far along it has came since 50 years ago one name should come to mind, Andrew Carnegie . He was the top person when it came to steel and made a lot of money doing it. Andrew Carnegie, played an important role in United States history, which brought about an exponential change in the United States “Carnegie was born on November 25, 1835, in the small Scottish town of Dunfermline, near Edinburgh. His father, William, had been a successful weaver and moved to Dunfermline from a tiny settlement in order to be closer to the center of trade.”
He was aware of Carnegie's theory that the “only sound was to solve the problem of poverty is to help people help themselves” but he would not have seen poverty as the character flaw that Carnegie did. He did not think that poverty needed to be self-perpetuated and by helping the children get better educations helped break the cycle of poverty. He also believed that “poverty is self-perpetuating partly because the poorest communities are poorest in the services which would eliminate”
In the article “Wealth” Carnegie states “The duty of the man of wealth (is to) set an example of modest living; and to consider all surplus revenues… as trust funds to produce the most beneficial results for the community.” This shows the reader that he thought everyone should help people out. He also said that you shouldn’t show affection with money. Overall the message he sent was that it is what you do with your money that matters not just the fact that you have lots of it. Andrew Carnegie carried the trait of concern for others and that made him heroic.
Andrew Carnegie sold his steel company to the United States Steel Corporation in 1901 (Biography.com Editors, 2014). Carnegie donated five million dollars to the New York Public Library, established the Carnegie Institute of Technology, created the Carnegie Foundation for the Advancement of Teaching, formed the Carnegie Endowment for International Peace, and bolstered the opening of over 2,800 libraries (Biography.com Editors, 2014). Andrew Carnegie made a huge impact due to his philanthropic work. The donations and support of Andrew Carnegie were the cause of many important contributions to society. Andrew Carnegie made a dramatic change in his life when he decided to sell his company.
The late nineteenth century was a pivotal moment in American history. During this time, the Industrial Revolution transformed the nation, railroads had dissipated all throughout the country, and economic classes began to form, separating the wealthy from the poor. One of the wealthiest men of this generation was Andrew Carnegie, a Scottish immigrant who fled to America to make millions off the railroad, oil and even steel businesses. Carnegie is considered one of the richest men in history, and even with all that wealth he decided to give back to the community. As a matter of fact, Carnegie donated most of his funds to charities, universities and libraries in his last few years.
While being a great businessman he was also a great philanthropist. At one time Carnegie could be quoted as saying, “I propose to take an income of no greater than $50,000 per year.” Andrew believed in giving a great deal of his wealth to charity and gave most of it away before his death. Carnegie had achieved the majority of his wealth through the steel industry. He controlled the most extensive steel operations ever owned by one individual within the United States.
Underpinnings and Effectiveness of Carnegie’s “Gospel of Wealth” In Andrew Carnegie’s “Gospel of Wealth”, Carnegie proposed a system of which he thought was best to dispose of “surplus wealth” through progress of the nation. Carnegie wanted to create opportunities for people “lift themselves up” rather than directly give money to these people. This was because he considered that giving money to these people would be “improper spending”.