Andrew Carnegie

Andrew Carnegie (/kɑːrˈneɪɡi/ kar-NAY-gee, but commonly /ˈkɑːrnᵻɡi/ KAR-nə-gee or /kɑːrˈnɛɡi/ kar-NEG-ee; November 25, 1835 – August 11, 1919) was a Scottish-American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He built a leadership role as a philanthropist for the United States and the British Empire. During the last 18 years of his life, he gave away to charities, foundations, and universities about $350 million (in 2015 share of GDP, $78.6 billion) – almost 90 percent of his fortune. His 1889 article proclaiming "The Gospel of Wealth" called on the rich to use their wealth to improve society, and it stimulated a wave of philanthropy.

Carnegie was born in Dunfermline, Scotland, and immigrated to the United States with his very poor parents in 1848. Carnegie started work as a telegrapher and by the 1860s had investments in railroads, railroad sleeping cars, bridges and oil derricks. He accumulated further wealth as a bond salesman raising money for American enterprise in Europe. He built Pittsburgh's Carnegie Steel Company, which he sold to J.P. Morgan in 1901 for $480 million (2015 per share of GDP, $370 billion), creating the U.S. Steel Corporation. Carnegie devoted the remainder of his life to large-scale philanthropy, with special emphasis on local libraries, world peace, education and scientific research. With the fortune he made from business, he built Carnegie Hall and he founded the Carnegie Corporation of New York, Carnegie Endowment for International Peace, Carnegie Institution for Science, Carnegie Trust for the Universities of Scotland, Carnegie Hero Fund, Carnegie Mellon University and the Carnegie Museums of Pittsburgh, among others.

Carnegie

Carnegie may refer to:

People

Andrew

Andrew is the English form of a given name common in many countries. In the 1990s it was among the top ten most popular names for boys in English-speaking countries. In Italian, the equivalent to "Andrew" is "Andrea", though "Andrea" is feminine in most other languages. "Andrew" is frequently shortened to "Andy" or "Drew". The word is derived from the Greek: Ανδρέας, Andreas, itself related to Ancient Greek: ἀνήρ/ἀνδρός aner/andros, "man" (as opposed to "woman"), thus meaning "manly" and, as consequence, "strong", "courageous", and "warrior". In the King James Bible, the Greek "Ἀνδρέας" is translated as Andrew.

Popularity

Australia

In 2000, the name Andrew was the second most popular name in Australia. In 1999, it was the 19th most common name, while in 1940, it was the 31st most common name. Andrew was the first most popular boys name in the Northern Territory in 2003 to 2015 and continuing. In Victoria, Andrew was the first most popular name for a boy in the 1970s.

Canada

Andrew was the 20th most popular name chosen for male infants in 2005. Andrew was the 16th most popular name for infants in British Columbia in 2004, the 17th most popular name in 2003, and the 19th most popular name in 2002. In 2001, it was the 18th most common name. From 1999 – 2003, Andrew was the sixth most often chosen name for a boy.

The Gospel of Wealth

"Wealth", more commonly known as "The Gospel of Wealth", is an article written by Andrew Carnegie in June of 1889 that describes the responsibility of philanthropy by the new upper class of self-made rich. Carnegie proposed that the best way of dealing with the new phenomenon of wealth inequality was for the wealthy to redistribute their surplus means in a responsible and thoughtful manner. This approach was contrasted with traditional bequest (patrimony), where wealth is handed down to heirs, and other forms of bequest e.g. where wealth is willed to the state for public purposes. Carnegie argued that surplus wealth is put to best use (i.e. produces the greatest net benefit to society) when it is administered carefully by the wealthy. Carnegie also argues against wasteful use of capital in the form of extravagance, irresponsible spending, or self-indulgence, instead promoting the administration of said capital over the course of one's lifetime toward the cause of reducing the stratification between the rich and poor. As a result, the wealthy should administer their riches responsibly and not in a way that encourages "the slothful, the drunken, the unworthy".

The Men Who Built America

The Men Who Built America (also known as The Innovators: The Men Who Built America in some international markets) is a History six-hour, four-part miniseries docudrama broadcast in Fall (Autumn) 2012, and on the History Channel UK in Spring 2013. The series focuses on Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J. P. Morgan and Henry Ford and how their industrial innovations and business empires revolutionized modern society. The series is directed by Patrick Reams and Ruán Magan and is narrated by Campbell Scott. It averaged 2.6 million total viewers, 1.2 million Adults 25–54 and 1 million Adults 18–49 across 4 nights.

Cast

In alphabetical order: