The Benefits Of Carnegie And Debs During The Era Of Industrialization
During the era of industrialization, there were many commercial benefits, but those benefits came at a cost which would be paid by the masses rather than the industrialists. As there was little government regulation the industrialist controlled every aspect and profits made from their products, so their influence was immensely strong during the industrialization period which made it difficult to contest their power. Carnegie was on the side of capitalism he saw it as necessary for everybody not to be equal while it sounds cruel as he was the richest man of his time he did have his reason. As a kid, he came from a poor family but his family despite being low class still knew the importance of education. When his family emigrated to the united …show more content…
Carnegie believed it was the obligation of the rich to redistribute their excess wealth back into society though not directly as simply giving it away could lead to dependency and slothfulness rather though improvements and the building of public resources such as libraries. Although he is known for this great service it came at a cost Carnegie was known for his philanthropy, but he brought down unions with the help of Henry Fick when they protested wage cuts and long work weeks with little pay. Debs, on the other hand, saw that the way to fighting the high amount of poverty was for the government to step in and own all industries and distribute the wealth accordingly to the amount of work. Debs caught national attention during the Pullman strike in which workers stood against put cuts they questioned why should a few obtain great wealth off the back-breaking labors of hundreds if not thousands forced to work long hours in poor conditions if the government followed their plan they believed that much more would benefit than those who would not. Thought the strike failed when the federal government sided with their enemies it got the message out that they wanted about the horrible conditions and long hours that workers suffered, and they had enough when the pay cuts and long works hours only seemed to increase Debs would eventually be placed in jail for his views and anti-war behavior during world war
Andrew Carnegie's Impact On The Industrial Era
750 Words | 3 PagesCarnegie was a firm believer in Social Darwinism. He saw himself as the most fit, and his financial success was attributed to this fitness. This idea of Social Darwinism made him believe that he was better than everyone else, because he was the most successful and elevated of all mankind. “America needed steel,” (45) and Andrew Carnegie provided. Although Carnegie felt he had more worth than most other people, he still felt he should give back to help others.
Summary Of The New Carnegie And The Rise Of Big Business
548 Words | 3 PagesThe book “ANDREW CARNEGIE and the Rise of Big Business” written by Harold C. Libesay, explains Andrew Carnegies life with chronological events beginning how he and his family moved from Dumferline, Scotland in November of 1835. This books thesis is on how his skills and experienced he learned before starting Carnegie Steel intersect with each other and show how he dominated the steel industry. Carnegie’s industrial career is explained in depth how he acquired the knowledge on how businesses worked, as a manager capitalist then leading into a entrepreneur. The authors purpose I believe was to show not only Carnegies life leading to just Carnegie Steel, but also how determination and hard work can help you achieve success. This book on Andrew Carnegie explains well on in detail how Carnegie’s came to create his dominating steel industry empire.
Andrew Carnegie Robber Baron Or Captain Of Industry
873 Words | 4 PagesAnother reason that his practices are justified is that there was nobody before him to set the example in ethics and no laws requiring a certain pay. His goal was to make as much money as humanly possible and when push comes to shove that is what a business is for. “What few people realize about Carnegie is that his insatiable drive for more and more wealth , without limit, was tied to his conviction that it was his duty to give it all away by the time of his death- so that the richer he became, the more beneficial he could become”. This shows that he was not a greedy scumbag who was only concerned for himself and reiterating the fact that he was a captain of industry and not a robber
How Did Andrew Carnegie's View On Wealth
319 Words | 2 PagesAndrew Carnegie's views on wealth is almost the same as how billionaires think and use their money today . Carnegie's thought that people with money they would be able to help the poor by building libraries and other type of building that would help the middle class to get an education. He taught by helping the middle class rise from poverty and give them an education they would be able to do great things in life. Based on what I have read in both article Andrew Carnegie's views were considered ethical because he wanted what was best for the poor and he wanted to help the coal miners and give everyone an education.
Was Andrew Carnegie A Hero Or A Villain
577 Words | 3 PagesCarnegie didn’t get his money honestly sometimes, and didn’t care if the people didn’t like how he did things, because how he was doing things made him money. Carnegie didn’t treat his workers well, and docked their pay constantly, so he could turn around and donate libraries and money to paint himself as a philanthropist. To prove this, “he didn’t always follow the rules or treat people kindly”, meaning he would dock his workers pay, and have really dangerous working conditions just so he could make more money. This proves that Carnegie cared about making money more than anything else, but that also meant making lives harder for his workers.
Comparing The Views Of Karl Marx And Andrew Carnegie
1777 Words | 8 PagesIn this paper, I discuss how Karl Marx, Adam Smith, and Andrew Carnegie agreed and disagreed about the concepts of capitalism with different standpoints. For example, Karl Marx mainly focused on the function of communism; Adam Smith emphasized the free trade in market, and Andrew Carnegie adopted the form of capitalism. I further explain the different perspectives of capitalism that impacted on society, and social and economic situation. The word, capitalism, is defined as an economic and political system in which a country’s trading business and industrial activities are made by private ownerships or corporations through the means of production, distribution, and social wealth. In 19th century, as the development of Industrial Revolution
Andrew Carnegie: A Hero Or Hero?
430 Words | 2 PagesIn this essay, I’ll be telling you my opinion on whether Andrew Carnegie was a hero or not. Andrew Carnegie, known as the king of steel, grew up poor, but became one of the richest and most successful business owner during the 1800s and 1900s. Much of the world regarded Carnegie as the most famous living American during his time. Andrew Carnegie was not a hero because he showed off his money, treated his workers poorly, and was selfish. First of all, Andrew Carnegie flashes his wealth.
Andrew Carnegie Is Not A Hero Essay
454 Words | 2 PagesCarnegie is not a hero because he took money, only gave to other wealthy recipients, and contributed largely to his own. Andrew Carnegie took money away from deserving people. Carnegie cut the wages of his workers to donate money elsewhere. In document D, there are two images of Carnegie, one is giving a wage cut notice to the workers and the other is giving a check to Scotland and donating a library to Pittsburg. Carnegie’s employees were working hard and trying to survive in a tough economy, their wages did not deserve a cut.
Analysis Of Andrew Carnegie's The Gospel Of Wealth
835 Words | 4 PagesThe late nineteenth century was a pivotal moment in American history. During this time, the Industrial Revolution transformed the nation, railroads had dissipated all throughout the country, and economic classes began to form, separating the wealthy from the poor. One of the wealthiest men of this generation was Andrew Carnegie, a Scottish immigrant who fled to America to make millions off the railroad, oil and even steel businesses. Carnegie is considered one of the richest men in history, and even with all that wealth he decided to give back to the community. As a matter of fact, Carnegie donated most of his funds to charities, universities and libraries in his last few years.
Gospel Of Wealth Essay
1509 Words | 7 PagesHis desire to give back his earnings to American society was one that wasn’t forced on him by the people around him, but it was one that was instilled in him because of his personal beliefs and motives. Carnegie's desire to make education more accessible and develop the poorer sectors of the United States was a huge factor in his actions. A majority of his “extra” money was given back to the community and that is what made him such an influential philanthropist and an overall important figure in American history. If the people in society urged Carnegie to donate to various causes, this could have changed his perspective on the developing economic problem in society and possibly could have caused him to become not as dedicated to donating as he usually was. The values and actions of Carnegie
Pros And Cons Of Andrew Carnegie
765 Words | 4 PagesIn the past, there have been many influential economic figures in the industrial business industry. Andrew Carnegie is one of the most famous of these figures but not just in a business scheme, but also in an economic and national scheme. Andrew Carnegie is a business man that caused a major controversial issue to arise; the topic of being labeled a Robber Baron or a Captain of Industry by the public. A Robber Baron is someone who has become wealthy through heartless and unethical business actions that will only benefit the individual. On the other hand, a Captain of Industry is a business leader who has become rich by accomplishing activities that will, overall, benefit the people of the community such as expanding a market or providing more jobs.
Industrialization During The Gilded Age
1292 Words | 6 PagesIn a time after the Civil War, when a transcontinental railroad was created connecting the East and West, people began to move and settle across the country, creating new urban cities and manufacturing hubs. It was because of the railroad that the Second Industrial Revolution and the Gilded Age took place which rapidly increased the manufacturing of products through the new machines in factories and the spread of ideas by the telegraph and railroad. It was in this context that many farmers, as well, began to move West and experience a loss in the prices of their crops. It is also in this context that many workers were forced to work long, laborious hours with little pay. Farmers responded to industrialization in the Gilded Age by forming organizations such as the Granger movement and the Farmers Alliance as well as creating the Populist Party.
Who Was Andrew Carnegie A Captain Of Industry Essay
460 Words | 2 PagesDuring the late 19th century, there was a growth in industrialization. This brought new opportunities for the poor and the rich. For example, Carnegie helped build the steel industry in Pittsburgh Pennsylvania, which made him one of the richest man in the world. As Carnegie gained more wealth, he questioned who money should be given to. Carnegie was both a Robber Baron and a Captain of Industry.
What Is Andrew Carnegie Ethical Or Unethical
338 Words | 2 PagesAndrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.
Andrew Carnegie Research Papers
677 Words | 3 PagesThe strikers eventually won causing the company to stay closed. Then five days later the governor in Pennsylvania sent soldiers to restore order and re-open the the plant. Two months later the strike was called off, Carnegie was criticized for Fricks actions. Carnegie did a lot to achieve his large empire, he fought competitors and made good business
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