Carnegie Generosity to Society
Was Andrew Carnegie’s amazing rags to riches story and unheard-of devotion to charity made him the perfect poster boy for the Industrial Revolution and today’s Society. Andrew Carnegie was an American industrialist who amassed a fortune in the steel industry then became a major philanthropist. Carnegie “was often noted as saying the man who dies rich dies disgraced”, (Carnegie) the” Gospel of Wealth” 1900 influence him to give to different mode of charity based on the observation that the heirs of large fortunes frequently squandered them in riotous living rather than nurturing and growing them Carnegie charity was in question was he a loathe charity giver or a generous giver? According to Carnegie’s philosophy on Wealth and poverty the men who grew much had evolved to do so and those who were poor were equally evolved to such a state.
First major technological advances of the second industrialization revolution happen in 1870 automatic signal airbrakes, the telephone electric light, and typewriter, 1880 the elevator and structural steel for building leading first skyscraper, The 1890 phonograph, motion pictures, and the electric generator contributing to modern society. For those who were able to capitalize on the technological advancement the second industrial was highly profitable. During depression of 1873 the soon to be industrial giant revolution giant Andrew established the steel company which controlled everyplace of business from raw material, to transported manufacturing and but by 1890 Carnegie dominated the industry and had accumulated a fortune worth millions.
Next according to a recent economic study by behavioral economists (Dan Ariely), (An at Brach a), and (Stephan Meir), one of the main reasons people give to charity is