How Did Andrew Carnegie Contribute To Society

Andrew Carnegie, a philanthropist, was the second individual on the path to bigness in the late nineteenth century with his company, Carnegie Steel Co. Andrew Carnegie was one of the many steel company men before the 1873 depression but he had a genius for hard times and with every depression his organization gained strength . Carnegie affiliated himself with the Kloman brothers and their company, Kloman axle Company and set his connection to the iron and steel business. His control over steel companies increased as he gathered literary men, philosophers, English royalty, and U.S Senators who had positions to grant him a high steel tariff. When Andrew Carnegie entered the steel price and production pools he quit when it ran out and kept the tariff of steel high. Carnegie bought out his rivals whenever a depression hit that allowed for the company to profit and monopolizing his industry and in 1901, J.P Morgan gained Carnegie Steel and built U.S Steel. In his time Andrew Carnegie came to represent the entire steel-making complex of men and decisions just like how John D. Rockefeller personified Standard Oil .
Of course despite the role these influential individuals played into contributing to the development to the American culture, people would attack big business men like these two corporate owners not for …show more content…
Since these large corporations weren’t natural according to ideological terms was an outlaw to society and according to the accepted theory the projected the ideal economy was to be made up of equal competition and equal opportunity that were unrestricted by men. By doing equal competition and opportunity was to serve in the best interest for the people to get a distribution of equal wealth in society