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Livesay on Carnegie

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This 5 page paper discusses Harold C. Livesay's book "Andrew Carnegie and the Rise of Big Business." Bibliography lists 3 sources.

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5 pages (~225 words per page)

File: D0_HVLivesy.rtf

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book about Carnegie. Discussion The thesis: Livesay is holding up Andrew Carnegie as the prime example of the "American dream." He believes that Carnegies success is a prototype of the expectations that drew immigrants to this country, and further, that it (and other stories like his) is the reason why the dream is still alive (Livesay, 1975). In order to prove his thesis, he traces Carnegies career from his boyhood in Scotland to his tremendous success in the United States. But he is less concerned with personal details and anecdotes about intimate matters than he is in examining the way in which Carnegie took advantage of the business opportunities afforded him. That is, Livesay hasnt written a "tell all" book about Carnegies private life (though he mentions a few details where necessary); instead, he concentrates on his business dealings; his enormous grasp of financial matters; and the ways in which he succeeded in several industries: first in railroads, then in steel. Livesay also avoids the trap of many biographers; he doesnt hero-worship Carnegie. Its obvious that he respects his subject, but he doesnt gloss over Carnegies imperfections or try to explain them away, he simply says this is what he did and lets the reader decide if thats important or not. One of the keynotes of Carnegies character, oddly for a man who made such a fortune, is his utter lack of interest in money for its own sake. Thomas Scott appointed Carnegie as director of the western division of the Pennsylvania Railroad in 1859; Scott had developed a system of promotion by meritocracy-those who did well and worked hard got a promotion and a raise (Livesay, 1975). The job of director meant a substantial increase, both in pay and in responsibility, but "Carnegie expostulated that he cared nothing ...

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