Andrew Carnegie: Captain Of Industry Or Robber Baron?
Andrew Carnegie, captain of industry or a robber baron? The answer is surprisingly basic. Carnegie was a captain of industry and this is obvious, between his come up to his passing it creates a clear picture of a man who wanted to advance society. Now I won't discredit the fact that some may see him as a robber baron due to his ruthlessness in the field of business or how he didn't give enough pay to his workers, but if you think about it just a little bit he was a businessman meaning he had to make decisions that at the end of the day benefitted him and his business. I have 3 main points as to why he was a captain of industry. The 1st being his new steel work/traction he was gaining from it and, the 2nd being his rags to riches story and the …show more content…
This paragraph isn't made to rewind back to its founding rather it's here to discuss how Andrew Carnegie changed New York to make it look like how it does now. The modern vertical city could not and would not have been possible without Carnegie. His new method the "Bessemer" now made steel production 30x faster and way less costly. In document 4 it shows a chart and how as over the years while carnegie was on the rise steel was one of the most expensive things you could buy, but as carnegie enters the field his new method is destroying the competition. At some point his competitors could not hang and he just overtook. This hold relevance because, this shows almost exactly how our modern day business economy works especially on the smaller almost local level. My 2nd example comes from document 3. This document is an outside source from 1975, it discusses a conversation between Carnegie and his friend Frank Doubleday. Carnegie is speaking on how in his first 25 years of in the steel life he never let up on costs. Frank who is nowhere near as caring says " I do not know in my business statements are only drawn up once a year. carnegie then replies he would've left that business a long time
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