Carnegie And Rockefeller Captain Of Industry Essay

Andrew Carnegie, the “King of Steel”, the benevolent employer, the giant of industry, was among the greatest influences of the second industrial revolution. It is sometimes questioned whether Carnegie was the ruthless, sneaky steel tyrant some made him out to be, or the generous, benevolent education benefactor he appeared to be. I believe him to be a combination of both, but more so the great giant of industry.

In the late 1800s and early 1900s, during the climax of the American Industrial Revolution, there was a small group of men who owned the major businesses and were leaders of their industries. They owned factories, railroads, banks, and even created company towns for the sole purpose of housing their workers. Due to the efforts of these few men, the U.S. economy became the envy of the world, and America became a leading world power. They provided the public with products that were in high demand for reasonable prices, and opened their markets to countries overseas. Although many people believe the early industrialists were Robber Barons who exploited the poor, these great men were truly Captains of Industry who created new ways of doing

     True, Andrew Carnegie and John D Rockefeller may have been the most influential businessmen of the 19th century, but was the way they conducted business proper? To fully answer this question, we must look at the following: First understand how Andrew Carnegie and John D. Rockefeller changed the market of their industries. Second, look at the similarities and differences in how both men achieved domination. Third and lastly, Look at how both men treated their workers and customers in order achieve the most possible profit for their company.

One of the greatest discovers that transformed cities to what they are now is steel industry. The rise of the steel industry in the United States drove America's growth as a world economic power. “The industrialization of America made steel the number-one selling product. Steel was used in the construction and maintenance of railroads as well as nearly every other industry of the day (Carnegie, Andrew).” Even thou steel had been used during the early days of European settlement began it was not until the 19 century when new technological advances that allowed steel industry to produce tons of steel for cheap.

These 4 business men were examples of Captain of Industries. They were innovative in their businesses because they introduced new ideas. Eastman created the Eastman Kodak Company. The creation of the camera made it possible for the average person to own a camera. Rockefeller Slowly sold off all of his other interests and became convinced that refining oil would bring him great wealth. Oil would be converted to kerosene and he created the idea of being able to sell the waste products and make even more money. Morgan Created the world's first billion dollar corporation: U.S. Steel Corporation. Opening the eyes to others that you can make a lot of money in the oil business. All four of these business men are captains of industry because they open

Response: Andrew Carnegie, George Eastman, and J.P. Morgan are captains of industry because they are philanthropists. Eastman is a philanthropists because he donated over 30 million to the college ¨U of R¨ and supported dental clinics for people who could not afford it. He did this because he is a good person and a leader. Morgan is a philanthropist because he donated 60 million dollars federal government. He did this because he is a good person and a leader. Carnegie donated more than 350 mill and build over 2,500 libraries. He is philanthropist and a strong

Andrew Carnegie is known for being a Captain of Industry who served their country greatly. Carnegie got this title since he ended up one of the richest men on the planet. One motivation behind why Carnegie is viewed as a Captain of Industry is on the grounds that he helped deliver steel in a more proficient manner. Another motivation behind why Carnegie is a Captain of Industry is on account of without him we would not have libraries that are interested in each race, culture, and religion. Carnegie is likewise viewed as a Captain of Industry in light of the fact that despite the fact that he gave all his cash away at last, Carnegie was considered as one of the most powerful person in the United States. Despite the fact that Carnegie is known for being a Captain of Industry, he is also known for being a Robber Baron. Carnegie is a viewed as a Robber Baron since he had his specialists work in his factories which have poor and dangerous working conditions. Carnegie is additionally a Robber Baron in the fact that as he succeeded and moved toward becoming the most richest men in the world. The last thing behind why Carnegie is a Robber Baron is because of when his specialists got up from working for essentially no compensation and went on strike which he chose to have one of his head representatives stop the strike to get Carnegie laborers to work for him once more. To finish up Carnegie changed the world with his innovation of steel and he changed history due to his great innovations and

Captain Of Industry Can a man that provided dangerous work conditions in his factories, but still supplied many jobs for hard-working Americans be considered a robber baron or captain of industry? In the late 19th century a “captain of industry” was a business leader whose means of amassing a personal fortune contributed positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs or acts of philanthropy. A “robber baron” was a person who became rich through ruthless business practices.

always supported the causes he believed in and it was also a way of getting his

The time period was in the 18th to the 19th century . In the U.S people are getting paid less wages and having some major rules and lastly having punishments. Carnegie was from Duntermline, Scotland, United Kingdom .He started by working a series of railroad jobs but, by 1889 he owned Carnegie steel corporation. He said his job to become a philanthropist and to dedicate his time to expand his philanthropic job . Andrew Carnegie is a captain of Industry because he gave money away 350 millions of dollars , succeeded in this environment and maintained the image of a philanthropist.

Since the nineteenth and twentieth century, there has always been a division between the wealthy and unfortunate. During these times the higher class continued to prosper while the lower class remained at the bottom, the separation continues to grow. Three men vocalize their views on the social division, capitalism, and individualism. Andrew Carnegie, an industrialist, believed the rich should distributed their wealth to benefit society while they’re alive. Carnegie elaborates this idea in his article, The Gospel of Wealth, written in 1889. Russell Conwell, a philanthropist, expresses in his speech, Acres of Diamonds, men should utilize their surrounding opportunities to make themselves wealthy. Edward Bellamy, a socialist, wrote Look Backward about a wealthy young man, Julian West, who enters hypnotic sleep in 1887 and awakes 113 years later. Although, the men state similar matters their views contrast, Carnegie and Conwell would most likely be critical to Bellamy’s vision.

American was a prosperous country with incredible economic growth between the end of Reconstruction and the Great Depression. It was during this time that "industrial expansion went into high gear because increasing manufacturing efficiencies enabled American firms to cut prices and yet earn profits for financing still better equipment (Henretta 488)." During this era, the manufacturing of steel, the construction of railroads, factories, and warehouses, and the growing demand for technological advancements, increased greatly. Philanthropists, such as Andrew Carnegie, Andrew Mellon, and John D. Rockefeller, took advantage of the situation they were in by investing large sums of capital into the growing economy. Carnegie constructed

The industrialists at the turn of the 20th Century best deserve the title of Captains of Industry. These industrialists were very successful people. They acted smart, and they tried very hard, in order to reach wealth. They had a huge impact in the society and in the world of business. They transformed the industry. They provided jobs to so many people. Even though it was true that their workers ended up working in harsh conditions for long hours most of the time, considering the number of people looking for jobs, and the economy at the time period can help to explain these conditions. The industrialists were not just selfish people. The industrialists actually was aware of their communities needs, and they were thoughtful. Although they knew

W.K. Kellogg as a Captain of Industry A Captain of Industry is a business leader who succeeds in making a personal profit while contributing positively back to the country and that’s exactly who W.K. Kellogg’s was. As a fourteen year old drop out W.K Kellogg's produced a roaring cereal company named Kelloggs. This simple food made millions for Kellogg who then took that profit and put it back out into the country. He did this through his ideology of organized labor and The Kellogg Foundation to make him a Captain of Industry.

“As the growth of industrial development increased so did the accumulation of massive industries and corporations”. This had changed The United States of America into being urbanized instead of being a rural area. Then many businessmen like Andrew Carnegie, John D Rockefeller, and Cornelius Vanderbilt had big industrial tycoons which had a massive benefit for them and for their society because they had an increase in mass production which ultimately changed the face of the United States of America from being a rural society into being an urban society.