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A Selection of the Financial Times Business Book Club
Celebrated historian David Nasaw, whom The New York Times Book Review has called "a meticulous researcher and a cool analyst," brings new life to the story of one of America's most famous and successful businessmen and philanthropists—in what will prove to be the biography of the season. Born of modest origins in Scotland in 1835, Andrew Carnegie is best known as the founder of Carnegie Steel. His rags to riches story has never been told as dramatically and vividly as in Nasaw's new biography. Carnegie, the son of an impoverished linen weaver, moved to Pittsburgh at the age of thirteen. The embodiment of the American dream, he pulled himself up from bobbin boy in a cotton factory to become the richest man in the world. He spent the rest of his life giving away the fortune he had accumulated and crusading for international peace. For all that he accomplished and came to represent to the American public—a wildly successful businessman and capitalist, a self-educated writer, peace activist, philanthropist, man of letters, lover of culture, and unabashed enthusiast for American democracy and capitalism—Carnegie has remained, to this day, an enigma. Nasaw explains how Carnegie made his early fortune and what prompted him to give it all away, how he was drawn into the campaign first against American involvement in the Spanish-American War and then for international peace, and how he used his friendships with presidents and prime ministers to try to pull the world back from the brink of disaster. With a trove of new material—unpublished chapters of Carnegie's Autobiography; personal letters between Carnegie and his future wife, Louise, and other family members; his prenuptial agreement; diaries of family and close friends; his applications for citizenship; his extensive correspondence with Henry Clay Frick; and dozens of private letters to and from presidents Grant, Cleveland, McKinley, Roosevelt, and British prime ministers Gladstone and Balfour, as well as friends Herbert Spencer, Matthew Arnold, and Mark Twain—Nasaw brilliantly plumbs the core of this facinating and complex man, deftly placing his life in cultural and political context as only a master storyteller can.
- Sales Rank: #70637 in Books
- Brand: Penguin Books
- Published on: 2007-10-30
- Released on: 2007-10-30
- Original language: English
- Number of items: 1
- Dimensions: 8.40" h x 1.60" w x 5.40" l, 1.58 pounds
- Binding: Paperback
- 896 pages
- Great product!
From Publishers Weekly
Without education or contacts, Andrew Carnegie rose from poverty to become the richest person in the world, mostly while working three hours a day in comfortable surroundings far from his factories. Having decided while relatively young and poor to give all his money away in his lifetime, he embraced philanthropy with the same energy and creativity as he did making money. He wrote influential books, became a significant political force and spent his last years working tirelessly for world peace. Yet he was a true robber baron, a ruthless and hypocritical strikebreaker who made much of his money through practices since outlawed. Nasaw, who won a Bancroft Prize for The Chief, a bio of William Randolph Hearst, has uncovered important new material among Carnegie's papers and letters written to others, but comes no closer than previous biographers to explaining how such an ordinary-seeming person could achieve so much and embody such contradictions. He concentrates on the private man, including Carnegie's relations with his mother and wife, and his extensive self-education through reading and correspondence. His business and political dealings are described mostly indirectly, through letters to managers, congressional testimony and articles. Nasaw makes some sense out of the contradictions, but describes a man who seems too small to play the public role. While Peter Krass's Carnegie and Carnegie's own autobiography are more exciting to read and do more to explain his place in history, they also leave the man an enigma. 32 pages of photos. (Oct. 24)
Copyright � Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
From Bookmarks Magazine
Given the vast subject, critics commend David Nasaw's effort. The author combines thorough and much previously unavailable research in only the second full-length biography of Carnegie in nearly 40 years (Peter Krass's Carnegie, 2002). Despite his talent as a biographer, Nasaw—professor of history at City University of New York and winner of the Bancroft Prize for The Chief, his biography of William Randolph Hearst—at times comes up short in his inability to reconcile Carnegie's contradictory ruthlessness and generosity. To be fair, no author has succeeded completely, and Carnegie's true motivation remains hidden to history. At nearly 900 pages, the book might more succinctly make its point. Those interested in Gilded Age history, however, will appreciate the meticulousness of Nasaw's research and his enthusiasm for a time of unprecedented change in America.
Copyright � 2004 Phillips & Nelson Media, Inc.
From Booklist
In the pantheon of the industrial giants who dominated late-nineteenth-century American capitalism, Andrew Carnegie has consistently stood out as the most fascinating and enigmatic character. Celebrated as the creator of the modern steel industry, he earned equal renown for the disbursement of his vast fortune to numerous philanthropic causes. As opposed to the cold, austere image of a Rockefeller, Carnegie seemed to radiate genuine warmth and compassion. Nasaw, a prizewinning historian and biographer, has attempted to plumb the seemingly contradictory aspects of Carnegie's personality in a comprehensive and often engrossing biography. Nasaw has opted for a straight chronological narrative, beginning with Carnegie's youth in a struggling family of weavers in Dunfermline, Scotland. He proceeds to describe his inexorable rise to prominence after his emigration from Scotland to Pennsylvania, while seamlessly integrating Carnegie's personal story with the broader account of the explosion of big business. At times, Nasaw's effort to provide detail after detail bogs down the narrative. Still, the story is generally compelling. Ultimately, Nasaw cannot fully explain the man's contradictions, but this is a worthy attempt and an important examination of the man and his times. Jay Freeman
Copyright � American Library Association. All rights reserved
Most helpful customer reviews
62 of 64 people found the following review helpful.
An Extraordinarily Thorough Biography
By Ronald H. Clark
David Nasaw, who previously authored a well-received biography of William Randolph Hearst, has produced in this fine biography undoubtedly the most complete account of Andrew Carnegie that we will ever have. The book runs some 842 pages, including notes, and is based upon prodigious research into published and unpublished sources. The book reminds me very much of the stupendous biography of J. Pierpont Morgan by Jean Strouse, in that it is comprehensive and definitive. The author takes quite a balanced approach to Carnegie, which many other accounts of Gilded Age zillionaires fail to employ. He recognizes Carnegie's talents and philanthropic efforts, but also demonstrates that Carnegie often misled the public about his activities, and sometimes even engaged in self-delusion, especially about the Homestead Strike. Many dimensions of Carnegie with which I was not familiar are skillfully developed by the author, including his involvement in world peace and arbitration efforts, his career as a published author, and his efforts to become a key political advisor to TR, Taft and Wilson. Much like the Morgan volume, this book is also an outstanding business history of the late 19th-early 20th century period in the U.S., especially as regards the development of the steel industry and its eventual consolidation by Morgan into the U.S. Steel Corportation.
The fly in the ointment is that while the author's throughness is the book's greatest strength, it also becomes a major weakness. That is, it is simply too long by far. Sometimes one comes to believe that every letter exchanged between Carnegie and his leadership group, including Henry Clay Frick and Charles M. Schwab for example, has been reviewed by the author and recounted in the text. As a reference work on Carnegie, such inclusiveness is to be commended; but it makes for an overly long and detailed biography that becomes quite an undertaking to read. There can be too much of a good thing and more vigorous editing probably was in order. Nonetheless, it is only fair to say everything about or relating to Carnegie is somewhere within this extensive volume. An interesting cast of characters (in addition to those already mentioned) makes an appearance, including Kaiser Bill, Herbert Spencer, John Morley, various prime ministers, and John D. Rockefeller to name a few.
Carnegie thanks to Nasaw proves to be a much more interesting figure than being simply the "richest man in the world" who was determined to give it all away before his death. If you are interested in Carnegie or the business history of this period, this book is an invaluable resource. The text is supported by 42 pages of helpful notes and a valuable bibliography. The author's command of his subject is evident on every page. An invaluable resource on the man and his period.
33 of 33 people found the following review helpful.
A great book
By Shocker Fan
A mentor of mine once told me that 'to learn history, the only books you really need to read are great biographies'.
His point was, of course, that within the confines of a well written story of one life the reader unearths a much larger landscape of the times, events, and issues that surround the subject. Having just finished David Nasaw's excellent 'Andrew Carnegie' I think my teacher would be pleased and fully approve as the book meets any objective criteria of quality and excels on every level.
Here, we follow the figure of Andrew Carnegie from birth and each subsequent chapter of his full life. Carnegie's actions and thoughts are fascinating and Nasaw paints a masterful portrait of his subject. He uses a clear and concise tone to convey all of what is important and none of which that is not. You really feel like there is not a wasted word in the entire narrative.
Along the way we get in depth -but never tedious- lessons on issues as wide ranging as the immigrant experience to a particular brand of evolutionary philosophy to the history of labor to turn-of-the-century American foreign policy....Frankly, I was hooked from the beginning and thanks to the writing style and its intriguing subject the book's 800 pages fly by.
Another positive is the way Nasaw gives the reader credit for being intelligent enough to decipher the facts he provides and then let the reader form his or her own conclusions. I appreciated the linear narrative approach as well, as too many current biographies tend to 'do too much' and jump all over the place. That's not the case here as Nasaw never loses his compass and the reader benefits as a result.
'Andrew Carnegie' by David Nasaw is a book so full, so complete, so well done - and ultimately so wide ranging- that the reader is constantly entertained while absorbing vital information about one of the most important eras of American history and one of that period's most important public figures.
Five Stars. Read it.
24 of 24 people found the following review helpful.
Detailed and well drawn biography of Andrew Carnegie
By Steven Peterson
801 pages of biography. This is what David Nasaw has produced--a massive biography of Andrew Carnegie. Well known as a philanthropist, he gave away much of his fortune. For instance, one accounting notes the following (page 801): ". . .at the time of his death, Carnegie had given away more than $350 million (in the tens of billions today). There remained but $20 million of stocks and bonds. . . . In the seventh paragraph of his last will and testament, Carnegie directed that it be bequeathed, in its entirety, to the Carnegie Corporation. And with this he accomplished the final, and to his mind, the most important goal he had set himself." In essence, he had given his entire fortune away.
This book provides cradle to grave coverage of Carnegie, beginning with his origins in Scotland. Early on, the family moved to the United States, settling in the Pittsburgh area. Carnegie's first job was in a cotton mill when he was thirteen. He was close to his mother then and throughout his life. He quickly moved to a position as a messenger with a telegraph company and then, in a stroke of fortune, become a telegraph operator in a company. Here, he began an association at a young age with Thomas Scott and J. Edgar Thomson of the Pennsylvania Railroad. By 17, he was working for the Pennsylvania Railroad and on his way.
The volume notes his small stature (barely five feet tall), but by 24, he was superintendent of the Pittsburgh Division of the rail company. Early on, he began to develop "rules for business" (e.g., see page 76). He was in a position to get involved over time with an oil company, with bridge building, with rail, coal, a bank, a grain elevator. And, of course, with iron and then steel. As he became successful, he and his mother enjoyed visiting the old family home in Scotland, Dunfermline.
He married quite late in life (after 50), but appears to have had a happy marriage; he also became a father later in life and appears to have done well in that role. By that time, he had withdrawn some from day to day running of his endeavors and spent much more time in New York and abroad than in Pittsburgh.
The book illustrates the ambitions of Carnegie to be more than an industrial baron. He wrote books, he hobnobbed with political leaders, authors, and scientists. He strove to be recognized as more than a wealthy individual. Nonetheless, he was a hard businessman. At one point, he took pride in developing "win-win" tactics with his employees; by the time of the Homestead strike, he had obviously moved in a different direction, as he supported a touch, hard-nosed attack on unions and employees.
Among his goals developed in the latter part of the 19th Century--to give away his rapidly developing fortune. He donated for development of libraries, he created an organization devoted to peace, he funded an organization aimed at advancing the sciences, he provided support for faculty and students at colleges, he endowed the Carnegie Corporation, he supported music, and so on.
In the end, this book, although very long, is well written, so that the pages fly by. Nasaw does a fair job portraying Carnegie, warts and all. He notes his tough stance against his own workers (after earlier having been praised as a friend of labor), his sometimes ostentatious efforts to become known as a man of letters, his desire to give world leaders a piece of his mind (irritating people like Teddy Roosevelt and Woodrow Wilson in the process). In the end, despite his diminutive stature, he was a giant in American history.
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