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Andrew Carnegie (Your Coach in a Box) | 
enlarge | Author: David Nasaw Creator: Grover Gardner Publisher: Your Coach Digital Category: Book
List Price: $29.98 Buy New: $18.08 You Save: $11.90 (40%)
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Avg. Customer Rating: 21 reviews Sales Rank: 527355
Format: Audiobook, Unabridged Media: Audio CD Edition: MP3 Una Number Of Items: 4 Shipping Weight (lbs): 0.3 Dimensions (in): 5.7 x 5.2 x 0.7
ISBN: 1596591242 Dewey Decimal Number: 338.7672092 EAN: 9781596591240 ASIN: 1596591242
Publication Date: October 9, 2007 Availability: Usually ships in 1-2 business days Condition: Absolutely Brand New & In Stock. 100% 30-Day Money Back. Direct from our warehouse. Ships by USPS. 1+ million customers served-In business since 1986. Happy Customers is Our #1 Goal. Toll Free Support
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Product Description Majestically told and based on materials not available to any previous biographer, the definitive life of Andrew Carnegie-one of American business's most iconic and elusive titans-by the bestselling author of The Chief: The Life of William Randolph Hearst.Celebrated historian David Nasaw, whom The New York Times Book Review has called "a meticulous researcher and a cool analyst," brings new life to the story of one of America's most famous and successful businessmen and philanthropists- in what will prove to be the biography of the season.Born of modest origins in Scotland in 1835, Andrew Carnegie is best known as the founder of Carnegie Steel. His rags to riches story has never been told as dramatically and vividly as in Nasaw's new biography. Carnegie, the son of an impoverished linen weaver, moved to Pittsburgh at the age of thirteen. The embodiment of the American dream, he pulled himself up from bobbin boy in a cotton factory to become the richest man in the world. He spent the rest of his life giving away the fortune he had accumulated and crusading for international peace. For all that he accomplished and came to represent to the American public-a wildly successful businessman and capitalist, a self-educated writer, peace activist, philanthropist, man of letters, lover of culture, and unabashed enthusiast for American democracy and capitalism-Carnegie has remained, to this day, an enigma.Nasaw explains how Carnegie made his early fortune and what prompted him to give it all away, how he was drawn into the campaign first against American involvement in the Spanish-American War and then for international peace, and how he used his friendships with presidents and prime ministers to try to pull the world back from the brink of disaster.With a trove of new material-unpublished chapters of Carnegie's Autobiography; personal letters between Carnegie and his future wife, Louise, and other family members; his prenuptial agreement; diaries of family and close friends; his applications for citizenship; his extensive correspondence with Henry Clay Frick; and dozens of private letters to and from presidents Grant, Cleveland, McKinley, Roosevelt, and British prime ministers Gladstone and Balfour, as well as friends Herbert Spencer, Matthew Arnold, and Mark Twain-Nasaw brilliantly plumbs the core of this facinating and complex man, deftly placing his life in cultural and political context as only a master storyteller can.
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| Customer Reviews: Read 16 more reviews...
Andrew Carnegie June 26, 2008 Insight into a fascinating and complex person living in a fascinating complex time. A man who was unique and had incredible influence on his surroundings, yet in many ways was typical of his era
Very thorough, but with an odd hollowness May 13, 2008 6 out of 6 found this review helpful
David Nasaw succeeded in creating a complete record of the life of Andrew Carnegie. As the reader, you come to know that Carnegie was born to a family of poor weavers in Scotland before moving to the United States, beginning work at a young age and eventually becoming unfathomably wealthy as an investor and entrepreneur in the steel business.
All of the details are there in this book, and in that way, you know the facts of Carnegie's life, but at the same time, you really never get the feeling you know Carnegie. I don't know if that is Nasaw's fault, or if Carnegie is just not a man who allows a biographer to know him very well. Either way, the book feels empty in a way that the best biographies feel full.
You catch glimpses of Carnegie's true personality; he obviously liked to see himself as the wise elder statesman, handing out advice to protoges, even when those protoges were successful 50 year old business men, or even presidents. He seems to wear out his welcome, and relationship with a lot of these people because he only sees the knowledge and advice flowing one way. Carnegie comes across as a man too removed from the realities of life to understand (or maybe care) how he was truly perceived.
Other than that, you never get a real feel for how Carnegie became wealthy, whether he possessed a unique talent or ability which allowed him to become the richest man in the world, or how he fit in to the world in which he lived. I recently finished "Mellon," by David Cannadine, which tackles a similarly tough subject, but I finished that book feeling like I had much more insight into the man than I did in this case.
Recommended for fans of history or biography, but still missing a critical spark required of a five-star biography.
Good Overview of the Original Capitalist April 3, 2008 2 out of 2 found this review helpful
How to describe Andrew Carnegie? Certainly he would have to be one of the most fortunate individuals to have ever been born. Son of a hardscrabble weaver from a small hamlet near Edinburgh, Scotland, Carnegie and family immigrated to Pennsylvania whan he was a young man. Perhaps never before in history, has a particular man, with certain skills, found himself at the right place, at the right time and under the right circumstances as did Andrew Carnegie in 19th century western Pennsylvania.
Despite having no formal education, Carnegie was certainly a very intelligent man. He educated himself over the years to the extent that he was considered a very philosophical author and sought after speaker on many of the issues of the day. He hitched his wagon to the right horse when he became assistant to an up and comer in the Pennsylvania Railroad. From an early age, Carnegie discovered the beauty of dividends and compound interest, money earned not by virtue of labor, but solely by virtue of having money. Due in large part to his connections, he was able to parley inside information into increasingly lucrative investments, to the point that he was soon able to turn over daily operation of his several businesses to very able lieutenants while he enjoyed the good life. These lieutenants, assisted by a series of unique events and developing technologies, made Carnegie the richest man in the world.
While it may sound as if Carnegie was merely an observer and accumulator, he certainly deserves much credit for his success. He was an early pioneer in the concept of cost accounting and through a ruthless system of unit cost reduction, both in the areas of vertical integration and labor cost, was able to successfully grow his business and survive numerous economic downturns which bankrupted his competitors.
Many decry Carnegie's business practices, most notably in the areas of labor/manangement relations and anti-competitive practices. However, this demonstrates a very common failing in many commentators; holding historical personages to current standards. The same people that condemn Carnegie's labor practices, denigrate George Washington for owning slaves, or Harry Truman for making racist comments. Each of these, though immoral by current standards, were men of their times.
Owners of manufacturing entities were expected to battle with labor. Labor, in the mid-late 19th century was heavily connected with the burgeoning socialist movement which was looked upon with disfavor by much of society. In fact, it is no coincidence that those of Carnegie's competitors whose labor forces became organized, were largely those that failed in the repeated economic panics of the day. Carnegie succeeded, and grew, as a result of reinvesting profits and maintaining low unit cost. Ironically, though his Homestead steel works became the symbol for labor/management violence, he considered himself one of the most enlightened managers of the day.
Carnegie is viewed, with Rockefeller, Morgan and Vanderbilt in the class of "Robber Barons" which sprang up during the era, however, Carnegie is vastly different than each of these individuals. While many of his contemporaries benefited and suceeded largely due to watered stock and market manipulation, he was very proud, and quick to point out that he never operated a corporation and never sold a share of stock. He was definitely NOT a monopolist (U.S. Steel was formed as a result of his sale of Carnegie Steel to J. P. Morgan and investors). He was simply a supreme capitalist and the first of his type and scale.
He is condemned by others for taking advantage of political and business connections not available to others. Again, that was common practice in the era. Many things that he did, while legislated against now, were perfectly legal and accepted business practices of the times.
All that having been said, I get the impression, especially in the later parts of the book, that Carnegie could be an insufferable prig. I imagine it becomes easy to view ones self as omnipotent and all wise, when everything one touches turns to gold and one is constantly praised for his good works. However, it is telling that he constantly bragged of being successful while only working 2-3 hours/day, lecturing his many employees to enjoy leisure time, while at the same time instituting a 12 hour/7 day a week work schedule. It seems almost unbelievable that he was unaware of the hypocrisy of some of actions, but after reading the book, I actually believe that he was. By letting his managers do the dirty work of making his money, he was able to "keep his hands clean" and disavow any unpleasantness that might result.
Though hopelessly naive, it is difficult to condemn a man who literally pioneered the concept of philanthropy and spent his last decade in a never flagging crusade for world peace. He tirelessly advocated the formation of a League of Nations/United Nations style world arbitration body, with military enforcement powers, well before any of his contemporaries. While he would doubtless be overjoyed to learn of the existence of the current United Nations, he would nonetheless be less than pleased with its corruption and lack of effective authority.
All in all, a rather good treatment, not just of Carnegie, but of the period itself and many of the historical figures of the era. At times, the book dragged and became tiresome, but not exceedingly so. I would highly recommend the book for anyone interested not just in Andrew Carnegie but in late 19th century American and British history.
A well written account of an exuberant tycoon and philanthropist January 20, 2008 1 out of 1 found this review helpful
A fascinating biography of the exuberant Scottish-American tycoon and philanthropist.
Nasaw covers all of Carnegie's life from early boyhood in 1830's Scotland, to ambitious telegraph boy in Pittsburgh, to iron and steel magnate, to philanthropist and finally to international peace advocate. Most of the 800 pages go swiftly. Nasaw writes well and I generally found his very detailed account valuable, especially for Carnegie's business adventures and for his final peace activities, although perhaps rather less so for all the details of his family life.
In Nasaw's account Carnegie comes across as much more of a "businessman" than an "industrialist". His initial fortune was made in his twenties through insider dealings from his role as a key aide to railroad magnates who were making their own fortunes by tricks such as awarding lucrative contracts to companies that they themselves owned. But starting in his late twenties Carnegie did build a mighty iron and steel empire, with remorseless business logic.
Carnegie in his middle age inevitably comes across as a great hypocrite. He had given speeches extolling the virtues of unions and of the need for employers to treat workers fairly, but he went on to mercilessly repress workers at his own plants, including cutting wages, extending hours, and suppressing all unions. He denied responsibility for the climactic Homestead lockout which was designed to break the steel unions, but Nasaw shows that he was kept fully informed and must have either made or supported the key decisions. Nasaw explains how Carnegie rationalized this harshness to himself, as a necessary part of business and of social evolution, but still his deeds fit poorly with his words.
However in his later life, especially after selling Carnegie Steel, Carnegie became indisputably a genuine exuberant philanthropist. He lived well (very well indeed!) but he also gave away a vast fortune, founding an astounding 2500 libraries, plus many Institutions, the Carnegie Hall, various Hero funds, and many peace organizations.
In his latter years, Carnegie's incessant lobbying for international peace is truly striking. Nasaw sometimes deprecates Carnegie's endless expressions of optimism in the face of repeated failures and his ceaseless lobbying of presidents, monarchs, and statesmen. But given that Carnegie believed war would be a disaster (as WWI proved all too well) and was committed to doing whatever he could for peace, then his behavior seems both entirely rationale and commendable. Yes, he was often grasping at straws and he did aggressively pester and "name drop" to try to move things forward, but given the stakes it is difficult to condemn his donning of a bold face and his trying again and again in the face of failures and cynicism. Alas, his efforts were probably inevitably doomed, but given his beliefs and commitment, it seems hard to criticize him for trying as hard as he did.
Overall, Carnegie's life is a fascinating one, involving many contrasts and apparent contradictions. Nasaw captures it well and succeeds in making Carnegie a surprisingly sympathetic character, without concealing his flaws.
One of the three most influencial Americans ever with Washington Lincoln September 19, 2007 2 out of 2 found this review helpful
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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