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Business History Andrew Carnegie’s War with his Workers

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In the first of two shows about the fight between the richest man and the unions at his Homestead steel plant – we look at why Andrew Carnegie decided that his workforce deserved a smaller share of his profits and the lengths he went to to cut their wages.    

Carnegie grew up in poverty and publicly proclaimed that rich moguls such as he had a duty to aid the poor – but that didn’t stop him using every weapon at his disposal to crush the steel workers’ union. The fight got violent – very violent – and its ripples are still being felt to this day.  

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The Hosts

Jacob Goldstein

Jacob Goldstein spent more than a decade as co-host of the Planet Money podcast. He's also the author of the book Money: The True Story of a Made-Up Thing, which the New…

Robert Smith

Robert Smith, co-host of the Business History podcast, is a Professor of Journalism at Columbia University and contributing host of NPR's Planet Money where he tells stories about how the…