There are two types of businessmen in this world, “Robber Barons” and “Captains of Industry”. “Robber Baron” is a idiom established during the United States Industrial Revolution of the 1800s. It is used to describe demeaning businessman that are wealthy industrialist, those who monopolize companies, and use unfair practices within their businesses. On the other hand “Captains of Industry” are positive businessman that contribute to the nation. For instance they provide jobs, increase productivity, expand the markets, and increase trade.
Every growing economy needs competition and Rockefeller and Carnegie were no other than the two who had discovered this perfectly. Through modification and deals with private owners, these men found their way to the top just like Steve Jobs and Bill Gates do now. Windows
For instance, Zinn describes that “industry after industry-shrewd, efficient businessmen building empires, choking out competition, maintaining high prices, keeping wages low, using government subsidies” (2). The correlation between the men who built America were that they found resources where they could boost production, compete with each other, and build wealth. Their achievements came at the coast of the their factory workers who were brutally treated in order to gain efficiency and control. Furthermore, Rockefeller was an industrialist who “borrowed money in order to buy off his competitors, and with the money he gained from this investment, was able to pay off the loans and profit” (John Rockefeller). Additionally, many of the industrialists had connections to wealthy industries and because of the influence they were able to force mergers with smaller companies or gain assistance to create larger powerful corporation.
The productions that these men were in charge of are still big corporations today. They are still very important and sufficient in the economy. If these men had failed with their ideas, imagine how different our society would be today. Imagine what we would be lacking, if not for this business. We would certainly be lacking money.
Rockefeller has made an impact on the industrial revolution by changing and monopolizing the oil industry to bigger and better ideas. His funding to major organizations and schools, and motivation towards younger generations to push forward with his
The Zodiac Killer was a person, most likely a male, who was a murderer. He killed at least 7 people that the police know of. He was described as having a heavy set, with thick rimmed glassed. He also had a round face. The Zodiac’s first kills were on December 20, 1968, in Vallejo, California.
In the late 1800’s, J.P Morgan, John Rockefeller, and Andrew Carnegie had a negative impact on society because they were Robber Barons. They treated their workers very poorly in a way that should not have happened. J.P Morgan forced his workers to labor under harsh conditions for long hours and low pay. This is coming from a guy who has made millions of dollars and who has started a 60 million dollar business. Knowing how much money he has and how very little he pays his workers shows how ruthless he is as a business owner.
Barons such as Andrew Carnegie, J.P Morgan, and John Rockefeller dominated the country through the enormous wealth that they amassed. The power that these individuals wielded was unfathomable. They even bought the presidency. It was through their combined might that William McKinley was elected. This pushed their power and wealth to even greater heights.
The Captains of Industry were certainly one of the most important factors in the development of United States in the period directly after the Civil War. While there is some merit to the argument that the industrial leaders were Robber Barons that did more harm than good, their contributions to American society clearly outweigh those negatives. The Captains of Industry quite literally revolutionized the American way of life that gave the U.S. the highest standard of living in the world prior to the outbreak of World War I. This was made possible due to the emergence of corporations in areas such as finance, steel, oil, and railroads. When these men combined with other factors, such as the mechanization of agriculture, immigration, migration,
A Captain of Industry is used to describe a successful businessman. Carnegie created an efficient steel industry. He did this by, converting iron into steel and built a new steel plant for his company called, Carnegie Steel Company. In the excerpt, “Who was Andrew Carnegie,” the author says, “Carnegie changed huge batches of iron into steel, which was much more flexible than brittle iron. Carnegie threw his own money into the process and even borrowed heavily to build a new steel plant near Pittsburgh.”
John D. Rockefeller gave away $540 million dollars before his death at the age of 97. With this money he created two, of the world's greatest research companies and helped pull the American South out of poverty. Without Rockefeller’s gracious donations to our country through education, medical, and donations to help our country, he most definitely was a Captain of Industry which helped our country get to where we are today. Captain of Industry is a fancy term of saying that this person has helped our country thrive and get to where we are today. John D. Rockefeller is a prime example of a great leader and a captain of industry, without him we would not have the successful oil business we have today.
History should remember the entrepreneurs of the 1800’s and 1900’s as Captains of Industries or Robber Barons. These entrepreneurs
Leadership Thought Prior to 1900 The earliest study of leadership thought would be the “Great Man Theory. This theory conceptualized leaders as a single “Great Man” who knew everything and influenced others to follow him. In leadership discourse, the Great Man theory—an assertion that certain individuals, certain men, are gifts from God placed on earth to provide the lightening needed to uplift human existence—is associated mainly with Thomas Carlyle (Spector, 2015, p.250). The focal-point of this theory is that leaders’ skills are inherent and set that them apart from those around them and that these traits enable them to assume roles of power and authority.
Robber Barons and Captains of Industry Some might believe that the businessmen of the Gilded age are robber barons because of how some of them treated their workers and spent their money. The businessmen of the Gilded Age were captains of industry because of the impact that they made on the country. Carnegie, Rockefeller, Morgan, and Vanderbilt all have done things that can identify them as captains of industry. These businessmen gave their time and effort to help the economy grow.
The men who built America also know the innovator is a docudrama and directed by Patrick Reams and Ruan Magan. This movie focuses on the life of Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan and Henry Ford, and how their innovation and leadership skills renovated the modern society. But for the purpose of this assessment my research is based on John D Rockefeller and his leadership skills. Short History of John D. Rockefeller John D Rockefeller was born in 1839 in New York to Bill and Eliza Rockefeller. From a very young age his father taught him to be smart and cunning in every deal, and also not to trust anyone in his life including his father and His mother was a fervent Baptist and tried to instill in him the importance of being a good Christian.