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Negative effects of income inequality
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More handpicked essays just for you.
Negative effects of income inequality
Income inequality effects
Income inequality and its effects
Don’t take our word for it - see why 10 million students trust us with their essay needs.
George McNeil and Andrew Carnegie were very opinionated people. According to George McNeil a railroad president was exactly like a king, sultan, and shah. The president had the power to control wages and the hours of the workers. President also had power over the courts and the laws. A true president has a body of people under him regulation their power.
The question of whether John D. Rockefeller and Andrew Carnegie were "captains of industry" or "robber barons" is a complex one. Both John D. Rockefeller and Andrew Carnegie played significant roles in the growth and development of American industry during the late 19th and early 26th centuries. On one hand, they are often referred to as "captains of industry" because of their entrepreneurial spirit and their ability to innovate and transform entire industries.
As industry began to grow in America, a select group of pioneers such as Andrew Carnegie became controversial. The controversy was that they were simply rich and took from the poor. People who participated in such acts were referred to as “Robber Barons”. It is often said that Andrew Carnegie was a “Robber Baron” but he was not because in his case, he was one of the first people to bring industry to such a large scale. Without people before him, he had no guidance and therefore it was much harder to conduct business because he was essentially creating his own path.
Andrew Carnegie: The Ultimate Robber Baron Four hundred and seventy-five million dollars. This is the overwhelmingly large amount of money Andrew Carnegie acquired during his lifetime. Though not privileged as a boy, he worked his way up the ladder, achieving more than anyone could have ever imagined. Unfortunately, many people were exploited on his way to the top.
The Gilded Age was an era of rapid growth in the Americas, between 1870 and 1900. Early industrialists, like John D. Rockefeller, set out to create monopolies. In 1859, hundreds of people rushed to Pennsylvania to industrialize oil. Although they were ruthless competitors and hard-nosed employers, early industrialists like John D. Rockefeller and Andrew Carnegie should be remembered most as "captains of industry" because their grit and resourcefulness left an invaluable positive impact on American society. It is true that some industrialists exhibit a few qualities of a robber baron.
Was Andrew Carnegie a Hero? Andrew Carnegie was a successful businessman. He was born in Scotland. In 1848, His family moved to the United States. When he was 24, he became a supervisor of the railroad company.
After the Civil War, America took a shift in manufacturing and the economy from the Industrial Revolution. The Railroad Industry allows people to develop businesses and learn how to manage sales. Through the Industrial Revolution, a new manufacturing era sparked Big Business. Industry leaders such as Andrew Carnegie and John D. Rockefeller developed new strategies to efficiently produce, sell, and manage their business specialties. These Big Business leaders grew their wealth exponentially, leaving the pay gap between the wealthy and the poor remarkably large.
At the end of the 19th Century, as the United States was experiencing rapid industrialization, a reconfiguration of the social order yielded opposing visions of social progress. Andrew Carnegie, wealthy businessman, and Jane Addams, founder of Chicago’s Hull House, put forward different methods to achieve such progress, where Addams focuses on creating social capital in a seemingly horizontal manner while Carnegie advocates for a top-down approach. While both of them seem to reap a sense of purpose from their attempts to improve the nation, their approaches vary depending on their vision of the composition of the population they want to uplift. First, Carnegie and Addams’ desire to improve society is partly self-serving. For Carnegie, improving society is the role of the wealthy man who, “animated by Christ’s spirit” (“Wealth”), can administer wealth for the community better than it could have for itself (“Wealth”).
The Gilded Age, around the 1870s to the late 1890s, led to immeasurable success within the American economy and society. Wealth for a few led to hope for the many, and the idea of becoming immensely wealthy appealed to people. People saw that anybody could rise to the top through hard work and it was exemplified in people like Andrew Carnegie and John D. Rockefeller. This gave them hope and advanced the idea of American exceptionalism and superiority. The process of obtaining wealth led to industrialization and urbanization but also to many problems.
Andrew Carnegie was not a hero but a business men trying to escape the small life he grew up in .Andrew Carnegie was one of the most know persons of the late nineteenth century and was a key component in moving along the industrial revolution of America, refining steel to higher quality and lowering prices. One of a few huge businessmen with monopolies on their respective business along with J. P. Morgan and the Rockefellers. He came up from a poor cottage from Scotland to become they owner of a large portion of the world’s steel industry. Once he had a handle on the industry he continually reduced both production and selling costs and nearing the end of his life he sold the company and created an institution dedicated to donating his money to
Andrew Carnegie was a Scottish boy was born on 1835. Andrew was an American industrialist. That worked on the steel industry and then later on became a philanthropist. Andrew was raised on Dunfermline, Scotland, he stayed at a weavers cottage with his parents with just one room, he was the oldest child of Will and Margaret Carnegie, handloom weavers. Half of the cottage was shared with another weaver’s family.
Despite the images of wealth and grandeur conjured by the name of Andrew Carnegie today, the man came from very humble beginnings. Born November 25, 1835, in Dunfermline, Scotland, Carnegie spent his childhood in poverty, working to bring in additional income just so his family could survive. In 1848, the family made the voyage across the Atlantic in search of a better life and better opportunity, which the astute Carnegie would soon find and take great advantage of, but first they had to get there. The family was so impoverished that they had to borrow money just to make the trip. The Carnegie’s eventually ended up in Pittsburgh, Pennsylvania.
Andrew Carnegie was born on November 25,1835 in Dunfermline, Fife, scotland. His parents were “poor but honest” people. (Carnegie 2) His father was a poor handloom weaver, and the country was in a famine. His father, William Carnegie decided to move to America in hopes for a better life.
During the late 19th century, there was a growth in industrialization. This brought new opportunities for the poor and the rich. For example, Carnegie helped build the steel industry in Pittsburgh Pennsylvania, which made him one of the richest man in the world. As Carnegie gained more wealth, he questioned who money should be given to. Carnegie was both a Robber Baron and a Captain of Industry.
A hero is someone who does a meaningful deed, worthy of remembrance and selflessly. Andrew Carnegie was a wealthy man. After he sold his steel company in 1900, he devoted the rest of his life giving money to charity. Did Andrew Carnegie’s generosity make him a hero? Andrew Carnegie was not a hero.