Hoover believed the Great Depression would just end in time, and that US citizens just needed to wait it out, while Roosevelt took action to try to stop the GD.
The argument that Carnegie makes about the uses to to which the great fortunes of industrialists should be devoted is that he argued that the wealthy must live modestly and make use of their fortunes for the elevation of all civilization.
<span>He definitely wasn't a failure: he captained what became arguably the most famous voyage in the history of seafaring. True, he wasn't the first European to visit America (the Vikings were), but his journey opened up the East and the West and ushered in the modern era. That isn't something a failure could do.
But he certainly wasn't a hero, either. He was a ruthless and cruel man who inflicted unspeakable tortures upon innocent natives after he arrived in America.
He was neither a failure, nor a hero. He was a very succesful man who was also a horrible person.</span>
