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Principles of economics
Andrew carnegie autobiography essay
Andrew carnegie autobiography essay
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More handpicked essays just for you.
Principles of economics
Andrew carnegie autobiography essay
Andrew carnegie autobiography essay
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Haley Farrell 8/7/14 AP U.S History Summer Assignment • Andrew Carnegie was an industrialist who influenced the enlargement of the American steel industry in the conclusion of the 19th century. In his era, he was one of the most well-known philanthropists who had also given most of his wealth to charities and foundations. Carnegie believed that those who are wealthy should distribute their riches to work towards amelioration of society and to reduce the gap between socioeconomic statuses, which he expressed in an article called “The Gospel of Wealth” in 1889. Andrew gained his fortune by investing in railroads and bridges in the 1860’s and then later became a bond salesman in which he worked to elevate American enterprise in European countries.
The response to poverty in the Gilded Age was the rich and the poor not being able to come to an agreement in response to those who can hardly make ends meet. Andrew Carnegie was one of the wealthiest men during the Gilded Age. Carnegie was not the best man to work for because he was against labor unions and approved using violence against his own employees. In “Andrew Carnegie, The Gospel of Wealth” It talks about how the rich and the poor could come together if they had the “proper administration of wealth.” Carnegie thought it was better to build institutions instead of give to the poor because the strength of the mind and body will benefit the community while solving the problem between the rich and the poor.
In a brief introduction, the 19th century was marked by the development of scientific knowledge. The search for new technologies, leveraged by the Industrial Revolution, caused scholars to multiply in various areas of knowledge. At that time, various academies and associations geared for the "progress of science" recognized the figure of scientists and put them as important agents of social transformation. In 1889, with the publication of the book "The Gospel of Wealth", Andrew Carnegie comes to the classical approach of social responsibility of the large companies.
The steel tycoon Andrew Carnegie started out from a humbling beginning as poor immigrate working his way up the corporate ladder (). Until the day came when Andrew Carnegie decided he would strike out on his own, and Carnegie Steel was born. Now, Carnegie new that his steel mills most valuable assets was the workers. Consequently, Carnegie encouraged the workers to participate in collective bargaining for wages (). As a result, the factory workers were able to bargain their way to a truly livable wage.
The captains of industry believed that the poor people were inferior to the rich people. The rich were superior because they had “wisdom, experience, and the ability to administer”. The duty of a rich person was to help out a poor person which was what was said in the Gospel of Wealth. The Gospel of Wealth is about how the rich person's responsibility is philanthropy. Carnegie believes in charity work so he would donate to libraries, and universities and schools and etc.
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”.
Life Liberty and the Pursuit of happiness is the motto that the American people live by. It has been difficult to get to where we are now with the countless wars, conflicts, depressions, and over all the differences that many groups of individuals have. Along with many difficulties that our government has made, there are also many positive decisions that the government has made to help further our economy. In the Gilded Age which was from 1880 to 1929 the United States was in the mindset that the average American, who was poor and struggling to make ends meet, is able to become rich.
One of the most prominent captains of industry, Carnegie, donated a large sum of money to charity at the end of his life because he believed in the Gospel of Wealth, as he stated in 1889 (Doc C). Carnegie also helped make America more efficient by using vertical integration. According to E. Levasseur, efficiency was
In addition to this, The Autobiography of Andrew Carnegie and The Gospel of Wealth was one of the first of its kind. The autobiography
Name Institution Instructor Date According to Andrew Carnegie ‘The gospel of wealth’ (1889), he emphasizes that the biggest problem of our age is wealth administration. There is a distinction flanked by the rich and the poor where the ties of brotherhood bind them together in a pleasant-sounding relationship. Over the past decades, human life has not only changed but revolutionized with a difference, in the former days between the dwelling, food, dressing and environment of the rich and the have-nots.
One of the many Gospel of Wealth advocates was Andrew Carnegie, 1835-1919, who was an industrialist who emigrated from Scotland to American in 1848 (Wall, ANBO). Carnegie’s “Wealth” written in 1889
2.The three of these platforms have a wide range of views on poverty and the best course of action to eliminate poverty for good or at least get people on their feet. For starters, The gospel of Wealth written by Andrew Carnegie takes the viewpoint of the Wealthiest men in America. In his writings, he makes sure to explain that the reason that people are homeless and on the street is because they lack a good work ethic. The wealthy men are, “skilled and intelligent,” and view that being in “Poverty is a kind of character flaw.” Though he clearly does not feel sorry for these people because he believes it is deserved, the main point of the gospel is that the Wealthy should give back to the people.
The life of a coal miner is not so different from the views of Andrew Carnegie. In the Gilded Age, a lot of youthful boys and men would work endless hours to only get from sixty cents to a dollar every day. Carnegie would focus on how the upper class would misuse their money for selfish needs. These young coal miners would work more than these rich “snobs” and still get a salary of less that 200 dollars a year. That is what Carnegie was stressing in his Gospel of Wealth.
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.
The “A Gospel of Wealth” it states the options of a way of disposing wealth. Andrew Carnegie believed that rich people had the chance to help out the poor not by just handing out money but by giving free education, building free libraries and items that are beneficial to improve society in knowledge.(Carnegie 26) Also, poets were able to make certain people into heroes after they have died, no matter what deeds they have done. At the end of Brown’s article, it says, “Gods and heroes are made by poets and balladeers, folk tellers in rhyme or prose.” Brown believed that some heroes were not actual heroes.(Brown