Tera The volume notes his small stature barely five feet tallbut by 24, he was superintendent of the Pittsburgh Division of the rail company. The father having little ambition and the family meagre income, Andrew, being the oldest son, began work as a bobbin boy. Hasaw father, a weaver made jobless by industrialization, moved the entire family to Allegheny, Pennsylvania, USA, in He claimed to be a working man himself though he had only done manual labor for a year as a young man. Apr 13, Chrissie rated it really liked it Shelves: I even found myself chuckling a bit when I read the parts about his too-large ego particularly during the times that he saw fit to lecture the presidentswhich is quite surprising to say the least. Andrew Carnegie — David Nasaw — Google Books There are some characteristics that are beneficial to success regardless of place and time — positive outlook, eagerness to do what is asked, curiosity, intelligence, dedication, etc. Organizations founded by his generosity continue to do good work to this day.
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Start your review of Andrew Carnegie Write a review Shelves: usa , 21st-century , biographical , business-management-pm This is a solid biography that raises a crucial question that it never answers.
As a result it has a very interesting subject but for the wrong reasons. I will declare an interest. My nearest library then was the Lambeth Carnegie library view spoiler [ since my legs were short then this still involved the long march down Fawnbrake Avenue pass the Monkey puzzle tree This is a solid biography that raises a crucial question that it never answers.
The question is how did Carnegie get rich. If Carnegie is the embodiment of the American Dream this is important. Carnegie was not a source of creativity in the steel industry as the book makes clear. Rather his access to capital was his competitive advantage - he was able to buy successful steelworks and subsidiary industries, buy expertise, buy patent security, buy political support for armaments projects that required steel and to break strikes.
Hard work and application make a Frick though he got shot for his efforts along the way. Magic beans however make you a titan of industry. Local authorities had to ask Carnegie for the money for the capital investment to build the libraries, but in order to get it had to demonstrate that they would fund the running costs.
By the late s, early s when I was going to the library I should think that what had been spent on the operating costs was comfortably in excess of the capital cost of construction. The power game seems apparent when relatively modest endowments at time of construction would have paid for maintenance, stock and staff, particularly as he was earning money faster through earned interest than he could give it away. But then philanthropy is a form of conspicuous consumption, the potlatch winner.
Reading between the lines the nature of 19th century capitalism is clear - access to capital is everything.
ANDREW CARNEGIE DAVID NASAW PDF