Words of wisdom from American philanthropist Andrew Carnegie Focusing on Carnegie’s most famous essay, “The Gospel of Wealth,” this book of his writings, published here together for the first time, demonstrates the late steel magnate’s beliefs on wealth, poverty, the public good, and capitalism.
Carnegie’s commitment to ensuring and promoting the welfare of his fellow human beings through philanthropic deeds ranged from donations to universities and museums to establishing more than 2,500 public libraries in the English-speaking world, and he gave away more than $350 million toward those efforts during his lifetime.
Andrew Carnegie emigrated from Scotland to the United States in 1848 at the age of 13.
At the age of 65 he sold the Carnegie Steel Company to J. Morgan for $480 million and devoted the rest of his…
Through this transform, it believes that Andrew Carnegie was challenging the status quos and encouraging the responsiveness to change. Morgan’s offer which he would buy all his steel holdings for the price of $480 million dollars.
Motivating In 1898, Andrew Carnegie wrote his book “The Gospel of Wealth”, in which he advanced the notion that the rich should use their resources and wealth to help and enrich society. Since then he began to devote his energies to philanthropy especially on education.The Gospel of Wealth is an eloquent testament to the importance of charitable giving for the public good.For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world.Nowadays, people often quoted one of his famous saying: “if I ruin all my plant equipment, materials, as long as keep my whole class people, I will still be a steel emperor a few years later.As it is known to us all, Andrew Carnegie is the Steel Magnate of 20th century and also a great and respected philanthropist.At first, according to the Likert’s systems model, there are four systems developed from factors of concern for people and concern for production, which respectively are autocratic, benevolent, participative and democratic. It must be pointed out that Carnegie owned most his success to that he had employed a group of talents that were skillful and also knew how to manage.He concerned on people and trusted them, but also kept control of decisions.Envisioning goals As an effective leader, he or she must have the ability to create a vision, identify goals and provide solutions to problems.In 1863 the civil war fueled the iron industry and after the war was over, Andrew Carnegie resigned from the Pennsylvania Railway because he saw the potential in this field during the war.On the other hand, no one can deny he was also a symbol for serving as generous philanthropist among the rich. Everything he did was the reflection of his leadership and his steel industry.Renewing There is no doubt that Andrew owned the ability of renewing.