Carnegie
Andrew Carnegie: Robber Baron or Captain of Industry?
Harold Livesay's biography of Andrew Carnegie portrays a man that can be called at once both a Robber Baron and a Captain of Industry. This paper will attempt to show how each title applied to Carnegie in his lifetime and how, in fact, the two titles (far from being dissimilar) may actually be considered synonymous.
Andrew Carnegie's humble beginnings do not necessarily qualify him for the title of "Captain of Industry" simply because he rose from poor immigrant status to tycoon. What Livesay's portrayal does do is show how Carnegie came to personify the "American Dream" -- even if that dream was also a nightmare. Carnegie's unflagging disposition and pluck helped him thrive in an industry that was rapidly changing even as Carnegie himself was growing up. His work in the Pennsylvania Railroad gained for him the experience he needed to manage investments that would ultimately allow him to develop his very own steel company. Like the Pennsylvania Railroad, which was the biggest corporation of the day, Carnegie's steel business would become the number one industry on the planet. Part of what made Carnegie into a "Captain of Industry" was the fact that he was in the right place at the right time: as Livesay states, "The United States transferred much of its capital, manpower, and technology from the old agricultural world to the new industrial one," (21) and Carnegie found...
This initial influx of labor gave the New Immigrants an opportunity to earn a wage and survive economically in the urban centers of the country. As the majority of these new yet rapidly growing businesses were located in major urban areas, the opportunity they provided New Immigrants of earning a steady paycheck drew them from the more impoverished areas of the world. In conjunction with this development, the exponential
Role of Andrew Carnegie Andrew Camegie Andrew Carnegie and the Rise of Big Business Was Andrew Carnegie a "Robber Baron" or a "Captain of Industry"? Andrew Carnegie was a Scottish American born on 25th November 1835. He was an ordinary person but then he succeeded in becoming an entrepreneur, industrialist and a businessman who made a great contribution towards the expansion of American steel industry in the late 19th century. The book, "Andrew Carnegie and
rise of business and the new age of industrial capitalism forced Americans to think about, criticize, and justify the new order -- especially the vast disparities of wealth and power it created. This assignment asks you to consider the nature and meaning of wealth, poverty and inequality in the Gilded Age making use of the perspectives of four people who occupied very different places in the social and intellectual
Although they were considered as the bastions and foundation of America's industries and commerce, they were also considered 'models' of the gradually increasing social inequality in the country, having conquered and controlled almost all businesses in the country: railroad lines, oil refineries, and steelworks. They were also images of business owners who had subsisted to corrupting the government in order to win business contracts and biddings and conduct their
People like Andrew Carnegie and Rockefeller had reasons to justify their wealth and position. They subscribed to the concept of survival of the fittest and they felt they were the fittest. I remember that light came as in a flood and all was clear. Not only had I got rid of theology and the supernatural, but I had found the truth of evolution. 'All is well since all grows better' became
Firms with what organisational patterns are more likely to acquire existing firms? In what stage of internationalisation is acquisition more likely? Such research should not assume that such decisions are always rational. It may be that irrational factors are important at times. For example, it might be that the rush to acquire businesses in Europe prior to 1992 and to acquire companies in Asia in the mid-1990s reflected a
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