Carnegie's Rise Amidst Economic Turmoil

This chapter examines Andrew Carnegie's evolution from an impoverished immigrant to a key player in the American steel industry, driven by strategic decisions during an economic depression. It explores his partnership with Frick, detailing their contrasting management styles and the impact of labor disputes on their collaboration. The narrative underscores the tension between corporate profitability and employee welfare, providing insights into the complexities of industrial growth in the late 19th century.