Andrew Carnegie: Road to Wealth and Success
Seen as a robber baron, Andrew Carnegie may have toll advantage of his loyal employees and his relentless competition, his personal intentions and innovations within the steel industry and his philanthropic distribution undeniably changed America’s society and views of education.
In the early nineteenth century, American industrialist were gathering good ideas through Carnegie’s innovations and initiative. When Carnegie started out onto the road to success and wealth, from rags to riches and earned his big reputation that he brought among himself. For the successful people who misused their employees and competition were inevitably labeled as “robber barons,” i.e. John D. Rockefeller. Yet, those personal successes undeniably impacted the world, including the United States, earning the title “captains of industry” Surprisingly Carnegie was able to do both.
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1). He mainly focused on the development of the steel production in Pittsburg to meet the demands. Carnegie was given credit for innovating a faster and cheaper way of producing steel, eventually becoming one of the biggest steel manufacturers of his time. Carnegie eventually sold his steel manufacturer to J.P. Morgan for $480 million the equivalent $13.7 billion in today’s currency (“Andrew Carnegie: Pioneer. Visionary. Inventor. n.d. para. 7}. Shortly after selling his steel manufacturer, Carnegie continued to operate his many other businesses ranging from newspapers to iron ore fields. Carnegie was an avid self-learner, so he decided to give what the common masses needed,