The Impact Of Captains 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

From the years 1870-1937 John D. Rockefeller was a Captain of Industry and truly was an example of the idyllic American dream. He by his success as a Captain of Industry also set a precedent from then on about the way that other Captains of Industries made their wealth and ran their companies as well. Furthermore, John D. Rockefeller was a Captain of Industry because he built the Standard Oil Company and was a very generous philanthropist. John D. Rockefeller did generate lots of revenue and create many jobs in the United States but it also can be said that he took advantage of the less fortunate by paying them less and buying out competing businesses.

Captains of industry of this time helped out the working man, educational causes, and scientific causes. John D. Rockefeller gave the working man jobs for a long period of time, and donated over half a billion dollars to educational and scientifical purposes. Andrew Carnegie donated 350 million dollars to build libraries and gave away organs to churches. Henry Ford revolutionized the world by making it easier for people to get around more efficiently. What these men have done to help out their country is why the are perceived as captains of

Captains of industry were defined as the business leaders whose means of amassing a personal fortune contributed positively to the country or society in some way. Andrew Carnegie and John D. Rockefeller were considered to be captains of industry because with their profits from either their steel company or standard oil company, they give back to the society instead of themselves. They believed in the idea that people give in to you, in which you must give out as well. They established many charitable foundations that allowed them to become well known philanthropist and made them distinguishable from the rubber barons.

     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.

Andrew Carnegie was a man who started from nothing and built his way up to find his fortunes in world of steel and factories and after retiring set himself to a life of philanthropy donating his fortunes to the people. This isn’t to say he was an entirely good person however, as his time as a business owner and as an employer. Whether he was a captain of industry or a robber baron is up to your opinions, but I believe he was a true captain of industry.

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.

Two of the most well-known and successful companies of the Industrial Revolution were the Standard Oil Company, and the Carnegie Steel Company. Both were exceedingly successful in virtually removing all competition in their respective fields of business and controlling almost all of the production capacity of their respective products in the United States. Their founders, John D. Rockefeller of the Standard Oil Co., and Andrew Carnegie of the Carnegie Steel Co. conducted business practices that were different from one another in how they dealt with competition as seen in the undercutting or cheap type

Andrew Carnegie. Who was he? Was he just a robber baron or a captain of industry. Andrew was a self made Entrepreneur in the late 1800s. He was the owner of the Carnegie Steel Company which monopolized the steel industry. In 1889 he wrote the famous “Gospel of Wealth” which made the use of libraries to give to the worthy poor that were smart to use them. He also gave away 350 million dollars. On the other side Carnegie’s steel workers were treated poorly by long working hours and reduced wages. He also gave support to the plant manager Henry Frick who hired Pinkerton thugs to intimidate workers on strike and many were killed in the conflict. Andrew Carnegie was sometimes saw as a robber baron taking others money to give away not spending his own money On the other hand people saw him as a captain of industry giving to the worthy poor with libraries and millions of dollars.

Both George Eastman and John Rockefeller also donated a plethora of money to multiple charities making them philanthropists. For instance George Eastman donated money to kids who couldn't afford dental work, and he gave away scholarships to the Massentusats Institute of technology. Also he gave scholarships to Tuskegee Institute for African AMericans who wanted to get an education. Likewise Rockefeller also donated money towards education. For instance he created the University of Chicago and the Rockefeller Institute for Medical Research. Both of which received over $50 million dollars from him alone. Rockefeller also founded the General Education Board which he donated another $50 million dollars to. George Eastman and John D. Rockefeller could have used their money on themselves but instead used their surplus of cash on charities. This just proves the fact that George Eastman and John D. Rockefeller were captains of industry because they were innovators and

Industrialists at the turn of the 20th century best deserve the title of Captains of Industry because, there have been many industrial achievements in this century. There has been a copious amount of new inventions in this century. Some of these inventions are made for entertainment, but some are made for our own conveniences. Companies have also increased their technology and machines have replaced the work that humans used to have to do, this has decreased human labor and the harshness of work. Thus, this decade deserves the title of Captains of Industry because, we have advanced society and created some places better to work in.

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.

In the nineteenth century two of the greatest entrepreneurs were born. These two men, Andrew Carnegie and John D. Rockefeller epitomized the word monopoly, by becoming the biggest industry giants of their time. Carnegie was the leader of the steel industry, while Rockefeller controlled oil. Both of these men were similar; they came from humble beginnings and showed interest in their careers at a young age.

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

One of the most influential men in shaping America, one of the most brilliant men to walk this Earth, one of the most resilient and cut-throat entrepreneurs of time is John D. Rockefeller. There are a few things that make this man have a few of these qualities. The biggest and most important reasons is he is one of the very few men who literally made America and its reality what it is today. There are lots of men who made big moves to push America in this direction, but Rockefeller’s actions were so big that it made him the richest man in America. Well what did Rockefeller do that was so iconic? He discovered oil. Not only did he discover the biggest oil source in the world, the Standard Oil Company, but he also used his wealth to fund other philanthropic causes.