Industrialists Deserve The Title Of Captains Of Industry

John D. Rockefeller is a captain of industry. John D. Rockefeller is the nation’s richest and most powerful businessman. He was a person who got money to benefit the country positively. He treated his workers fairly and he paid them fairly for their hard work and he often handed out bonuses on top of their regular salaries a. Since he was a good boss to his workers he was the captain 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

The topic I have chosen to discuss related to the last 400 years in Western Civilization is the industrial revolution in Britain. The industrial revolution was what created the modern capitalist system. Britain was the first to lead the way in this huge transformation. Technology changed, businesses, manufactured goods, and wage laborers skyrocketed. There was not only an economic transformation, but also a social transformation. The industrial revolution is such an interesting subject to further explore, because it truly made a difference in Britain in the late 1700s. The industrial revolution brought an increased quantity and variety of manufactured goods and even improved the standard of living for some individuals, however, it resulted in grim employment and living conditions that were for the poor and working classes. The industrial revolution had a bright and dark side to it. It was dark due to all the horrible working conditions, crowded cities, unsanitary facilities, diseases, and unsafe work environment, but the bright side is that it was a period of enormous social progress.

Captain of Industry are those who made a positive contribution to the nation by expanding markets and increasing trade providing more jobs and increasing productivity. Some put their wealth to improve the lives of others with generous donations to their community. For example in Wealth and its Users by Andrew Carnegie, millionaires can be titled “Captain of Industry” because “They are the bees that make the most honey, and contribute most to the hive even after they have gorged themselves full.” Meaning they bring more money to their community to expand markets, and provide jobs. So businessmen titled “Captain of Industry” are the reason why communities have many businesses and many people with jobs.

There were many big businessmen in the Gilded Age, some used their wealth to help the country, others did not. In the Gilded Age, there was exponential economic growth: increase in population, better transportation, new technology, and new business ideas. Entrepreneurs thrived in this time, these businessmen were thought of a captains of industry or robber barons. Most people thought that they were captains of industry because of the good they did for the country. Entrepreneurs such as John D. Rockefeller, Andrew Carnegie, and Henry Ford all helped their economy in some way.

During the Industrial Revolution of the 19th century, both robber barons and captains of industry were terms used to place businessmen into a good or bad category. The term robber baron is a representation of industrialist who used manipulative methods in order to reach enormous quantities of wealth. Some characteristics of robber barons were: they depleted America of its valuable resources, forced authority to pass laws that would work in there favor, make opponents in the industry go out of business, and force laborers to work in hazardous circumstances with little pay. The term captains of industry meant the exact opposite, these businessmen did positive things in order to reach enormous quantities of wealth. Some characteristics of captains of industry were: they constructed factories to make the accessibility of goods rise, increased production, developed markets, gave to charity, and created more jobs with generous pay. While many historians believe that the industrialist of the 19th century were captains of industry there are others that would object and say that they were indeed robber barons. Would you consider the great industrialist of the 19th century to be robber barons or would you consider them as captains of the industry?

The Industrial Revolution of the eighteenth and nineteenth centuries was arguably the most important turning point in history. It transformed the manufacture of goods from craftsmanship to commercialism, exponentially increasing output and decreasing production cost leading to prosperity and an unprecedented supply of goods for the markets of the world. Industrialization and mass production was the fuel which ignited the flame of capitalism which was already established creating bringing sweeping changes in wealth and its distribution. Within a few generations the very fabric of society was virtually remade as millions left the farms and villages of the countryside for jobs in the cities. This monumental change did not immediately sweep

Andrew Carnegie, a Gilded Age industrialist, was a captain of industry, because he expanded the American steel industry through hard work, becoming one of the richest people in history, and then donated about 90% of his fortune in an attempt to improve society.

Each industrialist showed some traits of being a Captain of Industry at one time or another. Andrew Carnegie says in Wealth and Its Uses that millionaires “are the bees that make the most honey, and contribute most to the hive even after they have gorged themselves full.” (Document B). This is meant to mean that the industrialists ruled the highest businesses in the industry, but managed to also contribute to the community in various ways. Carnegie also said in Wealth that “ the duty of the man of wealth [is]...to set an example of modest, unostentatious living [and to]...bringing to their

In the early to mid. 19th century, the world came to life with the introduction of machines that could create products in hours, compared to what it would take skilled craftsmen days to produce. These marvels began in Europe but soon found their way to the American shores. The very first textile mill was produced by an apprentice named Samuel Slater in 1790 after returning with the English secrets of the textile machinery still buzzing in his head (Wallace, 1985). Soon more factories began to rise up armed with the new technology. With the means to produce more products, railroads being built to ship vast amounts of goods between states and the mass amounts of wealth to be made during this revolution, what were once small rural farming towns

Analyst: This Document basically displays the hatred towards these manufacturers during this time period. This is due to the unhappy people during this time period because of either lack of safety or unstable working conditions. This could also be due to the lack of education which led to people becoming attracted to communism. However, there was a new found hatred toward capitalism due to the overworking of these people. Marx and Engels saw this new idea as evil and harmful because of they are hogging all the money. However with our 21st century eyes, we can see that the systems is fair.

John D. Rockefeller is a captain of industry in my opinion he did a lot for his country, first man to get a monopoly, was nothing became the most powerful man in the country worked hard and clean to get to his position.

Andrew Carnegie, John D. Rockefeller, Cornelius Vanderbilt, and J.P. Morgan all have something in common they’re well known for being wealthy businessmen in the late 19th century. Robber Barons and Captain of Industry are mostly known from the Gilded Age. Mark Twain called the late 19th century the “Gilded Age” because he was referring to this period being glittering on the surface but corrupt underneath (Overview of the Gilded Age, Digital History). Most of the businessmen during this day in time just wanted to help themselves and their businesses, which you could compare to today. However, these historical figures established a foundation for industrial advances, business development and technological advances in America today.

The industrial leaders, Robber Barons, of the 19th century are men who are very respected and admired. Andrew Carnegie was a boy from Scotland who came over to this country with nothing. He continued to save and work his way up in the industry until he had complete control over the steel industry. John D. Rockefeller was also one who came from an ordinary home. When he saw an opportunity, he took it, along with the risks. He came to control the oil industry. Another man that took many opportunities to expand and grow was Cornelius Vanderbilt. These men saw what they needed to do to become successful and they did it. These men's' lives reflected the

During the 18 century, in Britain occurred the most important phenomenon that changed the history, Industrial Revolution. It was a major turning point in their history but in the world’s history as well because the impact of the inventions changed the economical, social and political field forever. The standard of living increased therefore the population had increased.