Andrew Carnegie (Your Coach in a Box)
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Andrew Carnegie (Your Coach in a Box) Customer Reviews
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♥♥♥♥♥
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One of the three most influencial Americans ever with Washington Lincoln
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This book flows well and is elegant in its prose. Some biographies can be quite tedious this one isn't.
This book is full of insights such as that Teddy Roosevelt although he sought for Carnegie's support he didn't like the man. Because Carnegie was an intellectual and a manager but Roosevelt hands on in the trenches type manager.
For good or evil Andrew Carnegie is right up there with Washington and Lincoln in his impact to the United States. Through his management skills he drastically cut the price of steel. This allowed for cheap consumer and industrial goods. The low cost of steel allowed the US to build the its fleet of battleships, skyscrapers, bridges dams and other large scale public and private works projects. Carnegie's mills alone had a greater output and at lower cost then England and Germany.
The second reason why he transformed the US was the Gospel of Wealth. He was the impetus of charitable giving. It wasn't until after Carnegie's vast sums that his peers such as the Rockefeller's started to contribute. While others focused on art, which has a small but important impact on this country. He focused on education and funding the retirement of thousands of professors from all over the country. 2,500 public libraries. Including 5 million dollar grant to the New York Public library system.
The great cultural institutions of this country Carnegie Hall the Metropolitan Museum of Art by JP Morgan National Gallery by Andrew Mellon were all funded by Republicans. The same is true today see Bill Gates.
Nassaw states that 5 million dollars circa 1900 was approximately 3.5 billion today. If this is true Carnegie gave away 20 to 30 million dollars a year a sum greater than the total assets of Bill and Melinda Gates foundation.
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