When visiting the Sioux, I was led to the wigwam of the chief.
It was just like the others in external appearance, and even within the difference was trifling between it and those of the poorest of his braves.
Having accepted these, it follows that there must be great scope for the exercise of special ability in the merchant and in the manufacturer who has to conduct affairs upon a great scale.
That this talent for organization and management is rare among men is proved by the fact that it invariably secures for its possessor enormous rewards, no matter where or under what laws or conditions.
The price we pay for this salutary change is, no doubt, great.
We assemble thousands of operatives in the factory, in the mine, and in the counting-house, of whom the employer can know little or nothing, and to whom the employer is little better than a myth. Rigid castes are formed, and, as usual, mutual ignorance breeds mutual distrust.
in June 1889, Andrew Carnegie’s essay “The Gospel of Wealth” is considered a foundational document in the field of philanthropy.
Carnegie believed in giving wealth away during one’s lifetime, and this essay includes one of his most famous quotes, “The man who dies thus rich dies disgraced.” Carnegie’s message continues to resonate with and inspire leaders and philanthropists around the world.
But the inevitable result of such a mode of manufacture was crude articles at high prices.
Today the world obtains commodities of excellent quality at prices which even the generation preceding this would have deemed incredible.