What were Andrew Carnegie's management and business strategy?

Answer 1

Carnegie subscribed to the ideals of social Darwinism-that is to say, he believed that his extreme wealth was a result of his being the "fittest" to wield it. He also believed in the "Gospel of wealth" which lead himto endow a lot of philanthropic stuff (ie, carnegie mellon university, carnegie concert hall, libraries, etc). He never translated his success into improvements to his worker's wages, because he believed that doing so would "upset the system."