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American · 1835-1919 · 30 quotes
American · 1835–1919
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Andrew Carnegie was the Scottish-American industrialist who became the richest man in the world through steel and then spent the second half of his life giving the money away. Born in Dunfermline in 1835, he emigrated to Pennsylvania as a child and rose from bobbin boy to telegraph operator to railroad superintendent to the founder of Carnegie Steel. His essay The Gospel of Wealth, published in 1889, argued that the rich have a moral obligation to distribute their surplus during their lifetimes — a manifesto he lived up to, endowing more than 2,500 libraries, Carnegie Hall, and a string of institutions still operating today. The first man gets the oyster, the second man gets the shell: his maxims on competition are those of someone who understood both the necessity of capitalism and the responsibility it created.
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