Essay PreviewMore ↓
In the nineteenth century, when I hear the word Captain of Industry the name Andrew Carnegie comes to mind. Rather than being a Robber Baron, I believe Carnegie deserves the title Captain of Industry for many reasons. One reason would be that he came from being a poor young boy in Scotland, to being one of the richest men in America years after he and his family immigrated to the United States of America. The next reason would be that he provided many of his workers high earnings of money as well as how he funded certain public places. The third reason for his title of a Captain of Industry is that he surrounded himself around the right people and worked very hard with his jobs, using very wise tactics to get his work done.
Growing up as a young boy in Scotland, Carnegie's family was not very wealthy. They immigrated to America where Carnegie went from working as a bobbin boy, making $1.20 per hour, to making millions of dollars later in his life. Carnegie did not become wealthy by unethical means, as a Robber Baron would. Instead he worked very hard and wise to get to where he was during that time. Andrew Carnegie came from "rags to riches" in his lifetime and it paid off.
As I said before, Carnegie provided many workers with high earnings of money. All of Carnegie's young men working for his company were given without charge
ownership participations. This was enough to make them millionaires in their own right. He also gave back by funding over 2,500 libraries throughout America. Carnegie managed to give away 90 percent of his wealth before he died. He was able to make sure that the people around him were happy financially so that they could all work happily and achieve success together.
The third reason for the title of Captain of Industry is that he surrounded himself around the right people and using very wise tactics in growing as a worker. As a young worker, he did his best as a citizen to become close with Thomas A. Scott. The two would begin many stock investments which were paying dividends of more than $5,000 a year. He then united companies with George Pullman by making a joint proposition calling their company "The Pullman Palace Car Company.
How to Cite this Page
"Andrew Carnegie." 123HelpMe.com. 18 Feb 2019
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Andrew Carnegie, Henry Clay Frick and the Homestead Strike Industrialists Andrew Carnegie and Henry Clay Frick could not have come from more different backgrounds. Carnegie was born in the Scottish town of Dunfermline to a very poor family in 1835. When he was 12 years old, his father, a weaver, decided to move the family to the United States in search of better prospects, arriving at what was then the municipality of Allegheny, Pennsylvania, now part of Pittsburgh’s North Side. By that time, Pittsburgh was already known as a major center for the production of steel and other metals.... [tags: Andrew Carnegie, Homestead Strike]
1024 words (2.9 pages)
- The beginning was very meager for young Andrew Carnegie born in a small town named Dunfermline in Scotland on November 25th 1835. His father was a hand loom weaver with an immense shroud of pride in his trade and his mother a seamstress who worked with local shoemakers. (Bio. A&E Television Networks) The family was able to survive comfortably for the early years of young Andrews’s life by working in the trades they were skilled in until industry spread to Dunfermline. Andrew’s morals and personality was developed early on in life.... [tags: Andrew Carnegie, Homestead Strike]
2092 words (6 pages)
- During the late 19th and early 20th centuries, the strength of the U.S. economy began transitioning from agricultural to industry. A variety of factors sparked this industrial revolution, but the genius industrial leaders, particularly Andrew Carnegie, allowed big business to take over and dominate the economy. As evidenced in Andrew Carnegie and the Rise of Big Business by Harold C. Livesay, Carnegie mastered and understood the organizational structures and technological factors necessary to run a profitable business.... [tags: Andrew Carnegie, Homestead Strike]
1192 words (3.4 pages)
- ... Emigrating your home land for the United States was a lengthy, and at times, dangerous process. Regardless of the risks, many families endeavored to make the journey for the promise of opportunity in the land of the free. One family was the Carnegie family of Scotland; they comprised of father William Carnegie, a handloom weaver, along with his wife and son. The son, who was only 13 at the time, was named Andrew (“Andrew Carnegie”). The Carnegies certainly were not rich, and young Andrew worked in various menial jobs for years trying to keep his family afloat.... [tags: Andrew Carnegie, Philanthropy]
708 words (2 pages)
- “You cannot push anyone up a ladder unless he be willing to climb a little himself.” This was Andrew Carnegie’s theory that gave him his rise to power in the late 1800’s as well as his immense wealth. Although a native of Scotland, Carnegie moved to America at age 12 on borrowed money with his mother, father, and younger brother. Throughout his life, he constantly worked hard to provide for his impoverished family, saving money little by little to pay back the money they owed for their voyage to America.... [tags: Andrew Carnegie, Carnegie Steel Company]
1827 words (5.2 pages)
- What is the American Dream. According to Webster the American Dream is the ideal according to which equality of opportunity permits any American to aspire to high attainment and material success. Andrew Carnegie is the epitome of the American Dream because he is a classic example of rags to riches success story. He seemed to be touched by an angel. No matter what was wrong with the world, Andrew Carnegie was to consistently capitalize on success. Andrew Carnegie was born in Dunfermline, Scotland, in 1835.... [tags: Andrew Carnegie]
1051 words (3 pages)
- What is the American Dream. There are a myriad of aspects to it, but one general idea: the ideal life. It is making a lot of money, being respected, and triumphing difficult situations. The American Dream has been pursued by many, but only few make it all the way. One very good example of the American Dream is Andrew Carnegie, the founder of what is known as U.S. Steel. Carnegie was born in Scotland to a poor family. As a teen, he emigrated from Scotland to the United States. He was portrayed as a hard working individual who was very intelligent and disciplined.... [tags: Andrew Carnegie]
380 words (1.1 pages)
- Biography of Andrew Carnegie Andrew Carnegie was born into a poor working class family living in the town of Dunfermline, Scotland, in 1835. His father operated a small hand looming business located in the family home. The Carnegies was literate, well read, and active in the politics of the day. It was a time of repression of the Scottish worker by the Government, the employers, and the culture. Rebellious in thought as well as actively participating in protests was part of the Carnegie family life style.... [tags: Andrew Carnegie Management Wealth Essays]
3956 words (11.3 pages)
- Andrew Carnegie Andrew Carnegie always thought reading was one of the best ways to learn. He was also a very generous person in the industrial revolution. To be very generous in donations you do need money, and he definitely had a lot of money to be generous. This generosity completed the industrial revolution. He made most of his money with his steel company called the Carnegie Steel Company. The Carnegie steel company then changed to the United States Steel Corporation. In one year,1900, his company made forty million dollars, in which twenty-five million went to him alone.... [tags: Biography Biographies]
582 words (1.7 pages)
- A man of Scotland, a distinguished man citizen of the United States, and now a philanthropist devoted to the making the world around him a better place, Andrew Carnegie became famous at the turn of the twentieth century and became true rags to riches story. Carnegie's life Started on "November 25, 1835 in Dunfermiline, Fife Scotland" (Nasaw 36) Carnegie's Family was poor, but he still grew up in a well cultured and political family. Many of Carnegie's closest Relatives were self educated tradesmen and class activists.... [tags: Biography]
1228 words (3.5 pages)
Even as we might admire his achievements and success, many questions arise. First, who paid the price for Carnegie's success? You could make an argument that we the people paid the price for Carnegie's success because of the prices rising as time goes on. However, we as people no matter what upbringing are capable of working hard to earn enough money to live in today's society. Another group of people that may pay the
price for his success are the Steel Companies today. They are expected to improve their products each year.
The next question that arises asks if wealth and dominance for the U.S. would have been created without paying such a high price. I believe that the answer is no, the wealth and dominance for the U.S. wouldn't have been created without paying such a high price. Our products in the United States of America are what have advanced us ahead of other countries and to advance products the best possible way; we must use high prices to pay the most skilled workers for the jobs as well as for the correct tools for usage. The prices for success in industries are the necessary steps to be the most wealthy and dominant.
The final question that arises asks if the government could or should have done something to alleviate the suffering of the laborers and the poor, as opposed to merely falling back upon the justifications offered by "laissez-faire" and "Social Darwinism". I do not believe that there is much that the government could have done to alleviate the suffering of the laborers and the poor other than lending more money to poor areas. In my opinion, all people are equal. I believe that every human being has the opportunity to succeed in their lives and if you really look at most of the successful people in the history of America, they were born into wealth. Carnegie, among many others, went from "rags to riches" to become successful in their lives with hard work and determination to succeed.
Andrew Carnegie was truly a Captain of Industry. He showed us all that anyone can make it in this country. It takes a lot of determination and desire. He may not have
given away all of his money to the poor people, however, he gave a good amount of it away to the hard workers in his time. Carnegie also was very wise while doing business, making the right decisions and surrounding himself with talented people. In his book, "The Gospel of Wealth", Carnegie stated that the rich should use their wealth to enrich society. Throughout his life, Carnegie defined the term "Captain of Industry", and we as people should follow his example of hard work and determination for success.