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What Extent Was Andrew Carnegie A Robber Baron Or A Captain Of Industry

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Were these powerful industrialists trying to get rich and powerful no matter what strain it puts on their workers and competitors? Or were they an example of the American dream, an industry leader who improved the nation and helped his people? Industrialists like Andrew Carnegie and John D. Rockefeller were sometimes criticized and said to be Robber Barons. However, they were not, both men increased the economy drastically, created millions of jobs for Americans, and donated large amounts of money to charities like The Carnegie Institution and various Philanthropic causes. Andrew Carnegie and John D. Rockefeller were Captains of Industry, not Robber Barons.

Andrew Carnegie was a Captain of Industry in the 19th century; he led and built up …show more content…

“At age 65 he sold the company to J.P. Morgan for $480 million and devoted the rest of his life to philanthropic activities and writing “ (philanthropy of Andrew Carnegie). Andrew Carnegie founded a total of 14 trusts and institutions, such as “The Carnegie Foundation” and “The Carnegie Foundation for the advancement of teaching”. Both of these foundations gave great amounts of money to good causes and for the purpose of helping and supporting others. As a Philanthropist Carnegie believed in world peace and the well being of everyone. “He established the Carnegie Endowment for International Peace and funded the building of The Hague Palace of Peace, which houses the world Court, in Netherlands” (Americas story from Americas library) . This is an example of how Carnegie has left a mark on the world today. In Carnegie’s later life he wrote ‘The …show more content…

Rockefeller was a great Captain Of Industry; he reshaped and converted the oil industry and became a philanthropist. Rockefeller grew up in an above average home with his Mother and Father. “After being graduated from High School in 1855, the family sent him to a Cleveland Business School.” (The New Tycoons: John D. Rockefeller) Rockefeller’s parent’s support as a young man was a great contribution to his success. Many people argue that Rockefeller didn’t deserve his great accomplishments, but just as many other successful people; he too worked very hard for his achievements. “Young John Rockefeller entered the workforce on the bottom rung of the ladder as a clerk in a Cleveland shipping firm” (The New Tycoons; John D. Rockefeller). Rockefeller went from being a clerk in a small firm to building up one of the greatest and largest industries in the U.S. As products such as automobiles were becoming more popular, the demand for oil grew. John D. Rockefeller was also known for being a Philanthropist, Rockefeller wrote one of his partners, “let the good work go on. We must ever remember we are refining oil for the poor man and he must have it cheap and good” (Folsom, John D. Rockefeller and the Oil Industry) Rockefeller knew that there was a need for oil, he gave the best oil he could at the lowest price, his customers were his main priority and they were in his best interest. Not only did Rockefeller support fellow Americans while he was alive, he also did after

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