The Best Way To Respond When Someone Talk Bad About You | Incredibly Wise Quotes by Andrew Carnegie

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  • Опубликовано: 29 сен 2024
  • Andrew Carnegie (1835-1919) was a Scottish-American industrialist, philanthropist, and one of the wealthiest men in history. Born in Dunfermline, Scotland, he emigrated with his family to the United States in 1848, settling in Pittsburgh, Pennsylvania. Carnegie's rise from a poor immigrant boy to a titan of industry and later, a philanthropist, embodies the classic rags-to-riches story often associated with the American Dream.
    Early Life and Career
    Carnegie began working at a young age to help support his family. His first job was as a bobbin boy in a cotton factory, where he earned $1.20 a week. He later worked as a telegraph messenger, and his hard work and determination soon caught the attention of Thomas A. Scott, a superintendent at the Pennsylvania Railroad. Carnegie became Scott’s personal secretary and eventually moved up the ranks to become a division superintendent.
    While working at the railroad, Carnegie made several key investments, including in the iron industry and oil fields. These investments were the beginning of his fortune, but it was his involvement in the steel industry that made him a titan of industry.
    The Steel Empire
    In the 1870s, Carnegie shifted his focus to steel production, founding the Carnegie Steel Company. He was a pioneer in adopting the Bessemer process, a method for producing steel quickly and cheaply, which allowed him to dominate the American steel industry. Under Carnegie’s leadership, Carnegie Steel became the largest and most profitable industrial enterprise of its time. By the 1890s, his company produced more steel than all of Great Britain.
    Carnegie was known for his ruthless business tactics, including cutting costs and squeezing out competitors. He also used vertical integration, controlling every aspect of production from raw materials to transportation, which helped him consolidate his power and increase profits. However, his business practices sometimes came at the expense of labor, and he faced criticism for the harsh working conditions in his steel mills, most notably during the Homestead Strike of 1892.
    Philanthropy and Legacy
    Despite his reputation as a hard-nosed businessman, Carnegie believed strongly in the responsibility of the wealthy to give back to society. He famously stated in his essay The Gospel of Wealth (1889) that "the man who dies thus rich dies disgraced." True to his word, Carnegie spent the latter part of his life giving away the vast majority of his fortune to various philanthropic causes.
    He donated large sums to education, founding Carnegie Mellon University in Pittsburgh and establishing over 2,500 public libraries across the United States, Britain, and other English-speaking countries. He also endowed organizations such as the Carnegie Corporation of New York, Carnegie Endowment for International Peace, and Carnegie Institution for Science, all of which continue to support research and education today.
    By the time of his death in 1919, Carnegie had given away over $350 million, roughly 90% of his wealth. His legacy is one of industrial success coupled with an enduring commitment to philanthropy, shaping both the economic landscape of America and its cultural and intellectual institutions. However, his legacy remains complicated due to the contrast between his philanthropic efforts and his treatment of workers during his time as an industrialist.
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