Andrew Carnegie A Captain Of Industry Essay

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Early in the nineteenth century, Andrew Carnegie was considered a captain of industry for his vast empire of steel. Carnegie would build his empire from the ground up, literally, by investing in skyscrapers, railroads, and steel. Andrew would become one of the wealthiest men in the world at the time when he sold his Carnegie Steel corporation to J.P. Morgan. As America grew in industry, it needed an increase in steel. Carnegie realized this need and acted upon it making America a world of towering steel jungles.
Born in Scotland on November 25, 1835, to his father, a handloom weaver, Carnegie was brought into the would of a not wealthy family. Andrew 's father, William Carnegie, fell into financial problems in 1848. The result of the economic
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At the end of his career, an entrepreneur named J.P. Morgan decided to enter the steel business too. Morgan formed the United States Steel Corporation in 1901. Coming to the end of Carnegie 's business career, Carnegie decided to sell his company to Morgan for $480,000,000. With the influx of wealth, Carnegie was able to pursue the philanthropic responsibilities that he had always wanted.
Not only was Andrew Carnegie an exceptional business man, but he also indwelled in several other affairs like writing and founding organizations. Andrew wrote many articles and about business and the pursuit of wealth. One of the most famous examples of the writings of Carnegie is his article entitled "Wealth". This article was the June issue of the North American Review dated 1889. This article outlined the responsibilities of a person with great wealth spread the wealth for "the improvement of mankind"
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No matter how rich someone might be they, once they die their riches don’t get to go with them. By understanding this reality, Carnegie used his wealth to form many institutions, including a free education system. His idea of creating the best possible free education system was to establish public libraries. If everyone has the same resources available, then everyone can be educated to the same degree. So it doesn 't matter whether a person is poor or rich, they can go the library and learn from the same resources. This was the primary goal for Carnegie and his libraries. In total Carnegie would spend over 56 million dollars in the funding for over 2,500 libraries all over the world. The system of shelving in the libraries included a closed case that the shelves would be in order to protect the library from theft. This type of shelving included the assistance of a librarian to unlock the shelves in order for a person to obtain a book. Carnegie introduced the open case shelves in his libraries in order for the person to get a better understanding of the book that the wanted to read or checkout. The person could hold the book, look at the pages, and read the book before the person would decide to check the book out of the

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