Robber Barons Essay

Nineteenth century’s famous industrial men: Robber Barons or Captains of Industry? By: Justine Wetten Advanced U.S. History Mr. Unis January 5th, 2015 Discuss whether the industrial leaders of the late nineteenth century are more accurately described as “captains of industry” or “robber barons”? A. Plan of Investigation This investigation will assess whether the industrial leaders, such as, Andrew Carnegie, John Pierpont Morgan

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

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. According to

there a difference between the names “Robber Baron” and “Captains of the Industry”? A robber baron was a negative title contrived by the citizens from the Gilded Age about some of the businessmen. These entrepreneurs made their fortune by questionable means. They took advantage of everyone else to raise themselves on a social level. Even though in this century what they did was unethical, there were no laws to prevent these actions made by the robber barons. However, the men may have been mistakenly

Robber Barons were individuals that wielded power without any accountability. These individuals were known to have the mindset of “rags to riches”. This simply meant the rise of monopolists from being super poor and never looked at as multimillionaires. A few of these individuals were, John D. Rockefeller, Andrew Carnegie, Cornelius Vanderbilt, and J.P. Morgan, among many others. These men amassed vast fortunes through industries such as oil, steel, railroads, and finance. The Robber Barons'

power. To the people, these capitalists were regarded as either admirable “captains of industry” or corrupt “robber barons”. Even though to some people they may seem like “captains of industry”, but they were actually corrupt “robber barons” for several reasons regarding corruption, employee issues, and matters of the social classes. Capitalists are more characterized as robber barons because of the corruption involving their industries and field. Andrew Carnegie, a steel tycoon, made a fortune

Robber Barons Essay Carson Kane Advanced American Studies October 6, 2017 The industrial revolution sprouted many industrialists that exploited the laws of the United States. These industrialists like Carnegie and Rockefeller collected vast amounts of wealth that were extremely unnecessary for the society at that time while the common citizens of the U.S. were having trouble with poverty and working conditions. They used shady and unorthodox tactics to take control of the country 's wealth and power

individuals who took industries and monopolized them. Many historians who look back at these capitalists who shaped the post Civil War industry argue about whether they should be viewed as captains of industry who developed large industry, or as robber barons who used industry and monopolies to achieve wealth and take advantage of the working class. This essay will show why they were captains of industry. In 1879 Henry George wrote an article titled “Progress and Poverty”. In this article he discussed

November 26, 2016 Philanthropy of the Robber Baron While it was commonly known by prior generations of Americans that businessmen such as Andrew Carnegie were ruthless regarding capitalistic ventures in the late 19th century. It is far more apparent to the current population the inherent value that men like Carnegie held in regards to the growth and development of American cities. The philanthropic ventures set forth by many of the robber barons, most notably Carnegie, proved to establish a societal

Truth be told, both authors made quite compelling arguments on both sides of the spectrum. However, Zinn made his argument more swaying, in my opinion. These nineteenth century entrepreneurs most definitely could be described as “robber barons.” I say this, in agreement with Zinn because of the fact that the owners of these corporations (namely Standard Oil and U.S. Steel) were able to monopolize the industrial revolution with government aids, as well. Let’s start with J.P. Morgan. Nothing gets more