Andrew Carnegie and the the Second Industrial Revolution
Andrew Carnegie, the “King of Steel”, the benevolent employer, the giant of industry, was among the greatest influences of the second industrial revolution. It is sometimes questioned whether Carnegie was the ruthless, sneaky steel tyrant some made him out to be, or the generous, benevolent education benefactor he appeared to be. I believe him to be a combination of both, but more so the great giant of industry.
Carnegie was the classic rags to riches story, the penniless immigrant who made it big in the land of opportunity. Carnegie was born in Dunfermline, Scotland, and migrated to America in 1848 at the age of 13. His first job was in a cotton mill, earning a measly $1.20 each week. Carnegie was ambitious and determined though and by the next year had gotten a job in a Pittsburg telegraph office. It was here he got his foot in the door to the business of Pittsburg. This allowed him to begin a job at the Pennsylvania Railroad as a secretary to the railroad official, Thomas Scott. By making wise choices, taking control of situations and making smart investments, he soon began climbing the ladder of success. Scott immediately noticed Carnegie as a valuable asset to the company and to his own wealth and took him on as a partner after several promotions.
As young as 33, Carnegie was pulling in an annual income of $50,000 a year, a huge amount at that time, and this was enough for him. Carnegie was a firm believer that anyone could make it to the top, and that it was the wealthys’ duty to help the poor work towards a more comfortable life. Carnegie said that “the man who dies rich, dies disgraced.” This is...