CARNEGIE: The robber baron of the gilded ages

Andrew Carnegie is one of the biggest robber barons of the gilded ages.

For instance, he spent $10,000,000 to renovate his castle, which he didn't even live in full time. He took occasional visits there. Today, that would be $237,000,000. Carnegie could have used all this money to pay his workers better or to enhance his business.

Carnegie paid his workers less than the average daily wages for iron and steel workers. He paid them on average, $1.40 a day, when the average was $1.81.

$600 a year was what supported a typical 6 member family. With Carnegie's pay, they only made $511 a year. Many people who worked for him then could not support their family financially.

Carnegie also excessively controlled nearly all of the Messabi iron fields. He also owned the entire port facility and 6 ore boats. If he has all this money to own and control all of the things he does, he should use some of his money to better the working conditions of these facilities.

His Homestead iron mills had very unsafe working conditions. There was even a place in the facility which was nicknamed "The Deathtrap" because every so often, a man gets killed because of a broken chain or or fallen ladder.

Carnegie is a robber baron because he doesn't use his money for the profit of his company, but for his own leisure. If his workers aren't even making enough to financially support their families, and his facilities have places nicknamed "The Deathtrap", he needs to fix these problems. If Carnegie has all of this leisure money, he should use some of it to at least pay his workers enough to be financially stable.

Just because Carnegie is not around today, doesn't mean that he was the only robber baron in history. There are many robber barons today, including the founder of Walmart, Sam Walton

Sam Walton is one of the biggest robber barons of the 21st century.

Even though Walton's family has over $100 billion, he tried to avoid paying his workers even minimum wage.

Now, the average employee gets paid $8.23 an hour, which is not enough to be financially stable.

The Labor Department investigated Walton for his illegal practice of using a "small business" exception to the minimum wage. When the Labor Department ruled against him, he sued in federal court to keep paying his workers below the minimum wage, he lost.

In conclusion, robber barons a long time ago, and today, do the same things. They pay their workers poorly and use all their money for leisure activities.

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Created with images by cliff1066™ - "Andrew Carnegie" • skeeze - "vintage andrew carnegie man"

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