Famous Scottish-American businessman Andrew Carnegie founded the Carnegie Steel Company which later became US Steel. He is widely regarded as having built one of the most powerful companies in the history of the United States. In addition to being known as an influential businessman and entrepreneur, Carnegie was also known as a great philanthropist.
Andrew Carnegie Quotes:
"The problem of our age is the proper administration of wealth, so that
the ties of brotherhood may still bind together the rich and poor in
harmonious relationship."
- On Wealth
"While the law [of competition] may be sometimes hard for the
individual, it is best for the race, because it insures the survival of
the fittest in every department. We accept and welcome, therefore, as
conditions to which we must accomodate ourselves, great inequality of
environment, the concentration of business, industrial and commercial,
in the hands of the few, and the law of competition between these, as
being not only beneficial, but essential for the future progress of the
race."
- On Competition
"Upon the sacredness of property civilization itself depends—the right
of the laborer to his hundred dollars in the savings bank, and equally
the legal right of the millionaire to his millions."
- On Property
"Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community."
- On Wealth
"Those who would administer wisely must, indeed, be wise, for one of
the serious obstacles to the improvement of our race is indiscriminate
charity."
- On Charity
"Thus is the problem of Rich and Poor to be solved. The law of
accumulation will be left free; the laws of distribution free.
Individualism will continue, but the millionaire will be but a trustee
of the poor; entrusted for a season with a great part of the increased
wealth of the community, but administering it for the community far
better than it could or would have done for itself."
- On Charity
"The man who dies rich, dies disgraced."
- On Charity
"Such, in my opinion, is the true Gospel concerning Wealth, obedience
to which is destined some day to solve the problem of the Rich and the
Poor, and to bring 'Peace on earth, among men Good Will.'"
- On Wealth
"As I grow older, I pay less attention to what men say. I just watch what they do."
- On Age
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