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Andrew Carnegie
23 quotes
“The concerns which fail are those which have scattered their capital, which means that they have scattered their brains also. They have investments in this, or that, or the other, here, there and everywhere. “Don’t put all your eggs in one basket” is all wrong. I tell you "put all your eggs in one basket, and then watch that basket.”
Andrew Carnegie (1835–1919) first seen 1885 wikiquote, CC BY-SA 4.0 source
Recorded in: Speech to Curry Commercial College of Pittsburgh, Pennsylvania, 23 June 1885
“To be popular is easy; to be right when right is unpopular, is noble... I repudiate with scorn the immoral doctrine, 'Our country, right or wrong'.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
Recorded in: Quoted in: "An Imperial Moment" (December 5, 2002), by Jonathan Schell and John Maxwell Hamilton at The Nation.
“Three generations from shirtsleeves to shirtsleeves.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
Recorded in: Quoted in: George J. Borjas (2001) Heaven's Door: Immigration Policy and the American Economy. p. 132
“Watch the costs and the profits take care of themselves.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“Did you ever sum up these prizes and think how very little the millionaire has beyond the peasant, and how very often his additions tend not to happiness but to misery!”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“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.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“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 accommodate 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.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“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.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“Those who would administer wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“Thus is the problem of Rich and Poor to be solved. The laws 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. (pp. 663-664)”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“The man who dies thus rich dies disgraced.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“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.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“[S]urplus wealth should be considered as a sacred trust, to be administered during the lives of its owners, by them as trustees, for the good of the community in which and from which it had been acquired.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“Why should men leave great fortunes to their children? If this is done from affection, is it not misguided affection?”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“Observation teaches that, generally speaking, it is not well for the children that they should be so burdened. Neither is it well for the state. Beyond providing for the wife and daughters moderate sources of income, and very moderate allowances indeed, if any, for the sons, men may well hesitate, for it is no longer questionable that great sums bequeathed oftener work more for the injury than for the good of the recipients.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“Wise men will soon conclude that, for the best interests of the members of their families and of the state, such bequests are an improper use of their means.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“As to the second mode, that of leaving wealth at death for public uses, it may be said that this is only a means for the disposal of wealth, provided a man is content to wait until he is dead before it becomes of much good in the world.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“It may fairly be said that no man is to be extolled for doing what he cannot help doing, nor is he to be thanked by the community to which he only leaves wealth at death. Men who leave vast sums in this way may fairly be thought men who would not have left it at all had they been able to take it with them. The memories of such cannot be held in grateful remembrance, for there is no grace in their gifts.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“It is not the rich man's son that the young struggler for advancement has to fear in the race of life, nor his nephew, nor his cousin. Let him look out for the "dark horse" in the boy who begins by sweeping out the office.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“Salary, (I said, quite offended) what do I care for salary? I do not want the salary; I want the position. It is glory enough to go back to the Pittsburgh Division in your former place. You can make my salary just what you please and you need not give me any more than what I am getting now... Oh, please don't speak to me of money!”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“The sound rule in business is that you may give money freely when you have a surplus, but your name never—neither as endorser nor as member of a corporation with individual liability”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“No, Your Majesty, I do not like kings, but I do like a man behind a king when I find him.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source
“... I came fortunately upon Darwin’s and Spencer’s works “The Data of Ethics,” “First Principles,” “Social Statics,” “The Descent of Man.” Reaching the pages which explain how man has absorbed such mental foods as were favorable to him, retaining what was salutary, rejecting what was deleterious, I remember that light came as in a flood and all was clear. Not only had I got rid of theology and the supernatural, but I had found the truth of evolution. "All is well since all grows better” became my motto, my true source of comfort. Man was not created with an instinct for his own degradation, but from the lower he had risen to the higher forms. Nor is there any conceivable end to his march to perfection. His face is turned to the light; he stands in the sun and looks upward.”
Andrew Carnegie (1835–1919) said by 1919 at the latest wikiquote, CC BY-SA 4.0 source