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Andrew Carnegie and "The Gospel of Wealth"

Andrew Carnegie and "The Gospel of Wealth"

One of the captains of industry of the 19th century America, Andrew Carnegie helped build the formidable American steel industry, a process that turned a poor young man into one of the richest entrepreneurs of his age. Later in life, Carnegie sold his steel business and systematically gave his collected fortune away to cultural, education and scientific institutions for "the improvement of mankind."

Carnegie was not always a rich man, which I think was one of the factors that helped make him so generous. He understood what it was like to work hard, and not have everything handed to you. Carnegie's success started when he was introduced to steel. In 1888 he made a profit of 2 million, 9 years later 7 million, and in 1


elping others help themselves. Carnegie wanted to help any man that had the drive, and desire to help himself. That was the reason he spent much of his collected fortune on establishing over 2,500 public libraries as well as supporting intuitions of higher learning.

899 his profit rose to 21 million. By 1900 he had produced more steel than the entire country of Great Britain. In 1901 Carnegie had one of the largest companies in the world, which employed more than 20 thousand laborers. Carnegie was unusual among the industrial captains of his day because he preached for the rights of laborers to unionize and to protect their jobs. Despite his large success, he desired to get out. His steel company was sold to J. P. Morgan, and he became a private citizen.

So, to summarize, I believe that Carnegie wrote the "gospel of wealt

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Approximate Word count = 559
Approximate Pages = 2 (250 words per page double spaced)


  

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