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Andrew Carnegie: Ruthless Conqueror or Great Philanthropist?

2023-10-23 19:49:22

Andrew Carnegie can be regarded as a double-edged sword. A poor immigrant fights all the way to become an incredibly successful businessman and someday he will use almost all of his property to help improve society. The other side of the blade shows that Carnegie is a ruthless businessman who cuts workers' wages, promotes other projects and uses corruption as a leader in capitalist world. These views of Carnegie changed over time.

On November 25, 1835, at the Danfarm Lynn in Fife, Scotland, a industrialist and a philanthropist Andrew Carner was born. He was not officially educated, but Carnegie grew up in a family who believes in the importance of books and learning. As a son of Handroom Weaver, Carnegie has become one of the wealthiest businessmen in the United States. In 1848, Carnegie came to America with his family at the age of thirteen. They settled in Allegheny, Pennsylvania and Carnegie went to work at a factory earning $ 1.20 a week. The following year, he found a job as a telegraph messenger. To improve his career, he was promoted to the position of a telecommunications operator in 1851. In 1853, he worked at the Pennsylvania Railroad Company. He was an assistant and telegrapher of Thomas Scott, a senior officer of a railroad company. Through this experience, he learned about the rail industry and business in general. Three years later Carnegie was promoted to a supervisor

Scottish-born Andrew Carnegie (1835-1919) was an American industrialist who accumulated a lot of wealth in the steel industry and since then became a major philanthropist. Carnegie was working as a boy at the cotton factory in Pittsburgh, and in 1859 he was promoted to the head of the Pennsylvania Railroad. While working on the railroad, he invested in various businesses, including iron and oil companies, and handed over his 30s. In the early 1970s, he entered the steel business and became a dominant force in the industry for the next 20 years. In 1901, he sold Carnegie Steel to Banker John Peer Pong Morgan with 480 million dollars. Carnegie then worked on charitable organizations, eventually donating over $ 350 million.