Andrew Carnegie, Philanthropist

p 1 Andrew CarnegieAndrew Carnegie is regarded as the most distinguished altruist of all time as he was the first study industrialist who distributed almost all his wealth for charitable purposes and social serve . Although Carnegie spent his assets for social services occasionally during his entrepreneurial brio but he turned his massive dynamism to unselfishness after 1901 and quest of world peace remained his other antecedency . Further more , distribution of wealth for philanthropist purposes was a self-justification to alleviate the blames of unjust details of its accumulation . This testament examine all these questions in detail and will effort to find out the answersAndrew Carnegie remained the sterling(prenominal) industrialist in American score His entrepreneurial competencies and his business acumen were the foremost qualities that capacitated him to grasp each opportunity to build a well-advanced business empire . Livesays manifests that his index to recognize the potential of a new service or product and to seize upon an auspicious moment to associate himself with it . succession and again he manifested this acumen , shifting his talents from factory to cable , from telegraph to railroad , from railroad to iron and then blade , meanwhile investing his money in express companies , cover fields sleeping cars , and telegraphs before he finally amalgamate his energies and capital in Carnegie brand .Harold Livesay . Andrew Carnegie and the Rise of Big argument . Boston : Little , Brown and Company . 1975 ,.19In addition to these abilities and individual(prenominal) characteristics , Carnegie and other entrepreneurs are blamed with frugal , social and political exploitation to build their empiresThe history fabricated by some(prenominal) historians illustrates that 19th century of American history is marked with the economic exploitations of robber barons that deprived American citizens of the potential benefits of industrialization and put in huge profits for themselves .

But some of the great industrialist and business community of the 19th century America have also been equated with robber barons and their accomplishments have been labeled as the result of exploitation , stealth and treachery against their fallow countrymen . These historians include Andrew Carnegie in this list . For mannequin the noned historian Samauel Yellen (1936 provides an example of exploitation at the Carnegie stigma . He writes The earnings of the miners exceeded those of the make laborers by two amply days pay a week . While the workmen in the steel industry sank into a state of slavery , the Carnegie Steel Company grew rapidly accumulated more and more wealth , transformed itself into the United States Steel Corporation , and with its monopoly on steel productions established itself at the very heart of American capitalismSamauel Yellen . American Labor Struggles . New York : Harcourt , Brace and Company ,.100These historians for pick up that Carnegie was not only the richest industrialist of his time but he is regarded as the greatest philanthropistDr . Folsom , in his illustrative work , The Myth of the Robber Barons tries to configuration away these fabricated notions and manifests a clear distinction surrounded by the exploiters and those entrepreneurs who struggled in an opposite way . These leaders worked to eliminate...If you want to get a full essay, order it on our website: Ordercustompaper.com

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