I've never viewed either of these men as bad men or as robber baron, i've always admires the men of the 19th and 20th century who saw these new industries developing and adapted to make a mostly honest profit. These men were friends of consumers because the put pressure on their competitors to provide better goods and services and reasonable prices. They embraces competition, made good products and sold them for low prices. When companies compete the consumer usually…
John D. Rockefeller has earned a spot in the hall of shame. He became wealthy because of ruthless and dishonorable business tactics which then hurt the nation. Rockefeller became wealthy because, he lowered his prices way down and forced the Pennsylvania Railroad to lower their prices, and he also ran smaller companies out of business and then took them over for his own. After he took over most of the smaller businesses, he raised his own prices back up in order to bring in a bigger profit. Rockefeller’s robber baron side was reflected by this action because, he went behind people’s backs and turned the other way when it came to business partners.…
The end of the 19th century brought the beginning of the rise in business. During this time great power was shifting from the important political leader to the “captains of industry”. John Pierpont Morgan rose on this very opportunity for dominance. As an American financier and industrial organizer he attempted to gain such power and control. Savior of multiple economic crises and creator of the first billion-dollar corporation he acquired this power.…
Rockefeller was a Captain of Industry because of his methods of business. He used rebates to lower the price for his consumers. Lowering the price means the consumer won’t feel robbed. This shows Rockefeller to be a Captain of Industry. Rockefeller’s monopoly boomed when the automobile was created1. It’s natural for one company to be bettered by the creation of an object. Therefore, Rockefeller was a Captain of Industry through his legal methods of gaining wealth.…
John D. Rockefeller was not a Robber Baron because he did nothing wrong, he was a product of the Industrial era, and played by its rules to attain the greatest victory, absolute economic success…
6. Andrew Carnegie- Leadership of the fast-growing steel industry passed to a shrewd business genius, Andrew Carnegie, who in the 1850s had worked his way up from being a poor Scottish immigrant to becoming the superintendent of a Pennsylvania railroad…
In the nineteenth century, there were two industrialists and one of them was the Captain of Industry. But, we’re going to focus on the Robber Baron, they’re known more for their dirty work. Some examples are bad political practices, business reforms, and treated their workers poorly in terms of labor. Many people don’t know what these industrialist did to the public to gain their wealth, but now you’ll know the bitter truth.…
During the latter part of the nineteenth century, industries began to bloom across the United States. Local businesses and merchants gave way to larger corporations and industries. The head of these industries, such as the names of Rockefeller, Carnegie, and J.P. Morgan, were looked upon as robber barons by some, industrial innovators by others. A baron is "one having great wealth, power, and influence in a specified sphere of activity: an oil baron." Therefore the robber barons that these men were looked upon as were "one of the American industrial or financial magnates of the late 19th century who became wealthy by unethical means, such as questionable stock-market operations…
It has come to my attention that during the late 1800’s there has been many industries that shaped the rules and regulations of our society today. There have been many names that these companies have been named but two of them really stand out to me. They are “Captains of Industry,” and “Robber Barons.” I firmly believe that these companies can be looked at as “Robber Barons” instead of “Captains of Industry” because these companies take advantage of their employees (including children), they leave the people powerless, and also, they eventually leave these poor citizens unemployed.…
A “robber baron” was someone who employed any means necessary to enrich themselves at the expense of their competitors. Two big Businessman/ industrialists during the 1800’s-1900’s were John D. Rockefeller and Andrew Carnegie. Each businessman contributed something during their lifetime that made people question whether or not they were Robber Barron’s or a hero of Industry. Did each of these businessmen fall into that category or was he one of the “captains of industry”, whose shrewd and innovative leadership brought order out of industrial chaos and generated great fortunes that enriched the public welfare through the workings of various philanthropic agencies that these leaders established or were they really “Robber Barron’s?”…
However, many believe he was a captain of industry because he treated his workers well. While this is the case, he did not treat them well out of the goodness of his heart. He simply didn’t want his workers to become unhappy and the news get involved. If the news were to get involved, then there is a great likelihood that they would go deeper into the Standard Oil Practice. He could damage the business’s reputation. He treated the workers fair to fully protect himself.…
advantage of a naïve and growing economy to reap its benefits without giving anything in…
These men are Captains of Industry, because they have helped our society by donating lots of their money to different charities and organizations. For Carnegie, he has,“Donated more than $350 million to further public education, build over 2,500 libraries.” (Website) Now that people can get a better education, they can get a better job and then support their family. Plus, poor people can check out books and get a free education, because there are more libraries. That way, they can get a job, support their families, and not be as poor. Carnegie also, “Created the Carnegie Corporation of New York, endowing it with $125 million to support benefactions after his death.” This means that people can now have extra money to be given to organizations…
3. As a reporter covering the strike at the Homestead Mill, I would say that Frick and Carnegie are Robber Barons. Although they claim to be Captains of Industry, creating jobs and invigorating the economy, they take and take and take. Carnegie and Frick eliminate all…
As mentioned earlier, during the Gilded Age, there was a belief in monopolies by robber barons of society and taking out businesses. For example, a businessman named John D. Rockefeller known as a robber baron of society during this time period. This was because he ended up taking over the oil business by building trusts. These trusts then made him in control of the entire oil business and eventually eliminating all competing oil businesses. Although, these…