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What Is The Impact Of Andrew Carnegie's Impact On Society

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John D. Rockefeller, Andrew Carnegie, and Cornelious Vanderbilt are some of the names of the most influential businessmen or titans of industry. Their impact and achievements have shaped what the American economy is today. Their business strategies, inventions, and innovations have had a positive and negative impact on the world. While it is important to recognize their accomplishments and success, it is also crucial to have it be known of their negative impact on society. These men should be taught equally; including their positive and negative impacts on society. Andrew Carnegie has been one of the most impactful contributions to the steel industry in history. Carnegie strived and thrived for the economic scaling of steel which led his company, …show more content…

The most notable unethical practice that Carnegie continuously participated in was the poor treatment of his employees. The extremely poor working conditions within his factory were not taken kindly by the workers. Carnegie has made it clear to his workers that he is anti-union which raised concerns for his employees. His workers demanded better pay, hours, and working conditions which weren’t being met. Protests began to rise and Carnegie needed to dissolve them as soon as possible. Carnegie's handling of the Homestead protest was a disaster. Carnegie's plan was to hire Pinkerton agents to dissolve the protest group and break them up, but this would result in the deaths of several employees. People are now questioning whether Carnegie cares for his workers even with clear evidence of unethical practices. Carnegie’s work also contributed to the monopolistic business practices which would cause problems within the industry. “This first man gets the oyster and the second man gets the shell” is a quote by Andrew Carnegie and what he means by it is that being the first to do something and the person who stays on top will get the rewards. With this type of mindset, Carnegie believed that he always needed to be on top of the chain which could be an explanation to his monopoly. By having a monopoly on a resource that is needed everywhere, Carnegie was able to …show more content…

Rockefeller is another major business power holder of his time. Rockefeller is most known for his absolute power within the oil industry. Rockefeller’s company, Standard Oil Company, has made great strides in the oil industry. Rockefeller’s innovative ideas and pursuit of domination pushed his oil company into such a powerful position he created a horizontal monopoly. With a company, this large, Rockefeller has provided countless jobs and opportunities for his employees. Rockefeller is also responsible for providing infrastructure beyond the Standard Oil Company by making storage facilities, newspapers, general stores, and even railroads. During this time, railroads were becoming increasingly important because of their quicker transportation of people and equipment. Rockefeller didn’t stop even after business; with his old age, he wanted to continue to help others by using his largely accumulated wealth. He donated around $540 million to many charities including medical research, scientific investigations, and vaccine research. According to Philanthropy Roundtable, Rockefeller is one of the most accomplished philanthropists in history. Rockefeller wanted his deeds to live on even after his death. “Next to doing the right thing, the most important thing is to let people know you are doing the right thing” said Rockefeller, and it means that Rockefeller knew that he was trying to do the right thing and wanted people to know that is was, which could lead to a deeper

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Therefore, even though Carnegie shaped America’s economy into the super power it is today, it was not ethical to do so at the expense of people who were forced to

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Some viewed Carnegie as the “Robber Baron” which was used to describe the wealthy and ruthless business leaders who used their affluence and power to manipulate others for their own

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Saito-Chung, David. “Andrew Carnegie Ignited America’s Steel Industry.” Investors Business Daily (2013): 3. The article provides discussion how Andrew Carnegie became the undisputed king of steel in the 1800s, including his motivation to enter into the field of steel, his personality and his way of choosing employees.

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John D. Rockefeller Sr: How did John D. Rockefeller impact the Industrial Revolution John Davison Rockefeller Sr. once stated “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success” (John D. Rockefeller Quotes). John D. Rockefeller was the founder of Standard Oil in which then became one of the wealthiest men in the world. Rockefellers ongoing funding as a philanthropist and trust in oil is how the man's name still lives on to this day (The Rockefeller Archive Center). For thousands of years oil has been a main resource for human consumption, and remains the same.

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That made Carnegie feel intimidated so Carnegie basically sabotaged his company by sending out notices to railroads telling them that Allegheny’s business would lead to defective rails which would in the end cause fatal acciendents. In the end Csrnegie was sucessful with this because Allegheny’s business sufferend and Carnegie took control of the works. This shows that Carnegie didn’t like competition because it made him lose money and because Carnegie loved his money he would do anything within his power to take down any competetion completely and only gain money for himself. This proves that Carnegie is also not a Hero because he doesn’t play fair instead of Carnegie trying to negotiate a deal with Allegheny he took him out and stole his business

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Andrew Carnegie, the founder of Carnegie Steel Company, serves as one of the most controversial industrial figures. The justification of his actions that lead to his monopoly of the steel industry are highly debated. Despite the theory of social darwinism used to justify his decisions, Carnegie should be considered guilty for breaking the Sherman Antitrust Act of 1890 and authorizing the immoral lockout during the Homestead Strike. Carnegie should be accounted for breaking the Sherman Antitrust Act of 1890 According to Our Documents, Section Two of the Sherman Antitrust Act states, “Every person who shall monopolize, or attempt to monopolize,… any part of the trade or commerce… shall be deemed guilty of a misdemeanor.” Carnegie violated

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The boom of industrialization in the United States lead to several changes throughout the nation that forever affected both the economy, as well as workers within it. One such worker was named Andrew Carnegie, who as a boy began in a very poor family, but then throughout his life worked hard to advance up to one of the highest positions in the steel manufacturing industry. This made his presence widely known throughout the American economy, and furthermore later brought up the argument: was Andrew Carnegie a hero? Throughout his life, though primarily during his career, Andrew Carnegie made several debatable choices concerning his work. These choices further clouded the argument as to whether he was a hero or not.

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Carnegie could have offered more to his employers who risked their lives each day to provide him with a successful

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Carnegie’s True Intentions Andrew Carnegie was an immigrant from Scotland that used the Bessemer’s process to change the steel industry and became one of the richest entrepreneurs during his time. He was crucial during this time because he helped build the steel industry. Steel was stronger and could be used to build taller structures such as skyscrapers. Carnegie’s success was a result of his hard work and dedication. He became an inspiration for others because his romantic story showed that hard work will eventually pay off.

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It was very impossible to ignore the fact that the main problem that was surfacing was the difference between poor and rich. From time to time, all of Carnegie’s work has become into practice. Most people agreed and some disagreed, but the most important aspect of his philosophy was to get a positive message across to people in America through his article. As Carnegie stated “When these apprentices rose to be masters, there was little or no change in their mode of life, and they, in turn, educated in the same routine succeeding

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Andrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.

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Carnegie was involved in a highly competitive business. Does this excuse him (and others) for their treatment of workers? As told Carnegie grew up poor and then was forced to work unbearable hours and six days a week for little pay. “In 1849, at the age of 14, Ohio Telegraph Company hired Andrew as a telegraph messenger for $2.50 per week. With roaring ambition and an unbelievable work ethic propelling him, Carnegie taught himself the language of the telegraph and within a year became the operator.

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This is also known as the Homestead Strike. Carnegie then hired Pinkerton thugs to attack the workers. In the same excerpt, the author says, “he hired Pinkerton thugs to intimidate strikers. Many were killed in the conflict, and it was an episode that would forever hurt Carnegie's reputation and haunt the man.” He uses unfair ways to have a successful business through low wages, and using wealth to his

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Rockefeller: The Captain of Industry that has helped our country thrive “The best philanthropy” he wrote, is constantly in search of finalities- a search for a cause an attempt to cure evils at their source” - John D. Rockefeller John D. Rockefeller was the richest man of his time but, used his wealth to improve our country. Rockefeller entered the fledgling Oil industry in 1863, by investing in a factory in Cleveland, Ohio. In 1870 Rockefeller established the Standard Oil Company. With the establishment of the oil company Rockefeller controlled 90% of the oil business in America by 1880.

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Rockefeller was also one of the most successful wealthy Gilded Age entrepreneurs. Although Rockefeller did make a name for himself in the oil industry,supplying the U.S with oil, and creating the Standard Oil Company;his road to power was paved with the pain and suffering of others due to his malicious behavior. He should be remembered as a Robber Baron because of his attempts at monopoly, malicious behavior to those who stood in his way, and especially the treatment of his workers in order to get the wealth he desired. J.D. Rockefeller used tactics such as vertical integration, using rebates to transport his oil for cheaper prices, and using ruthless methods to eliminate the competition. Rockefellers ruthlessness lead him to be very successful up until his fatal encountered with Ida Tarbell.

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