Captains of Industry Essay

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

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

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. First way Andrew Carnegie is a captain of industry because he gave away 350 millions of dollars .This money was given to the Carnegie hall, which was a place of all of the artists came to make their fame. This is not the only way that he was a captain of industry, he had succeeded in this environment .Another way he was named the captain of industry

Cornelius Vanderbilt: Robber Baron or Captain of Industry? Cornelius Vanderbilt was born with some wealth from his father, who was a ferry owner, he made quite a bit of money from it too. When he was younger he joined his father, watching his ways and learning them too. In Vanderbilt’s teen years, he bought his first ferry, which was the start of his big successful business life. He was very,very smart with money, he knew how to get it but he didn’t know how to use it. He grew up to own many steamships

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 built his fortune out of nothing, clawing his way to the top and making his fortune by seeing the expanding usage of steel and quickly jumping on the opportunity, becoming one of

business men of this time were really robber barons or captains of industry. Andrew Carnegie might have donated most of his money to worthy causes but he also refused to give his workers better conditions and pay despite his yearly income of $25 million compared to their $380. Rockefeller likewise gave away a large part of his fortune but also engaged in dirty business practices. This fine line between being a robber baron or captain of industry might be common among the businessmen of the Gilded Age

To describe John D. Rockefeller in one word would be an extremely difficult, if not impossible, thing to do. Rockefeller was known by so many things in his time and still today; a captain of industry who revolutionised the American economy with new business practices and keen management of what he controlled, a robber baron who lied and cheated his way to the top with back room dealings and taking advantage of the most disadvantaged of people. In his early life, Rockefeller grew up in Richmond, New

America strived to get back on its feet big companies also attempted to contribute to helping the economy. However, their efforts and intentions does not alternate the fact that numerous issues were still at large. On one hand these alleged captains of industry have created numerous job opportunities and built many factories, but on the other hand, the employees were underpaid and mistreated and that their entire wealth is based on corrupt actions. While they did keep the economy going and the United

Carnegie were all Captains of Industry. George Eastman gave one of the most biggest impacts in where we live today. Eastman treated all his employees with dignity and provided the best benefits he could for them. Eastman Supported Dental Clinics for those who couldn't afford care and donated $2.5million to the clinics. He also donated $30 million to the university of Rochester M.I.T, and created the eastman theater. Along with Eastman being a great influence he was also a captain of industry, he

The Man of Steel It has been thoroughly debated whether Andrew Carnegie was a captain of his industry or a robber baron. He was a successful entrepreneur that created the Carnegie Steel Company in the late 1800s, a company that monopolized the production of steel. It has been ardently deliberated whether Andrew Carnegie was a robber baron who mistreated his workers and destroyed unions or that he was a captain of industry who paved the way for future steel companies. There are also many accomplished