ipl-logo

Robber Barons Essay

648 Words3 Pages

Back in the gilded age, late 1800’s, there were big businessmen that changed our economy greatly: but the question is, were they really robber barons or captains of industry? These businessmen were the owners of industries that were very important economic activity in the time period. Though, they were involved in many ethically questionable practices. These practices included child labor, making illegal shortcuts, scams, and deals; plus, they also exploited many of their workers. According to the definitions of each accusation, theses businessmen of the gilded age should be considered as both robber barons and captains of industry, due to the way they have changed the economy, and also how they did so unethically. So, most know that through …show more content…

Though, this did not stop these businessmen. No matter the reason for working to improve the economy, these men achieved the desired goal of a captain of industry. They contributed to the economy by forcing employees into poor working conditions. These poor conditions consisted of having to work many hours at a time, receiving little pay (“Captains of Industry...”, par. 5), and having to work multiple jobs alongside with family just to get by (“Captains of Industry…”,par. 6). On top of this, workers were not provided with suitable housing. As this course continued, the poor continued to get poorer as the rich became more rich; the gap between them continued to grow larger. What these people had to go through, without money, housing, or stability, made it nearly impossible to live. What these captains of industry were doing was causing the general public to suffer. So, that is to say that these captains of industry are also robber barons. The Gilded Age, after the civil war had ended was a time of desperate measures. Business was booming and ended up being too much to handle without being unethical. Though, that can’t justify these men's actions. While these captains of industry gained more and more power, the better off our economy became; though, in conclusion, they should be labeled as robber barons also, because of their strong economic impact along with their impact on the

Show More
Related
336 Words | 2 Pages

Was John D. Rockefeller a robber baron? I’d say so. Through ruthless business tactics and exploitation of workers, he made a fortune in his lifetime. In this paper, I’m going to be talking about said business tactics and exploitation. If you believe Rockefeller was just a good business man who donated to the poor, I hope your view will be changed by the end.

Read More
711 Words | 3 Pages

The late 19th century was full of growth, production, and business. People were craving power and seemed to achieve this through any means necessary. Consequently, a new business elite formed consisting of the richest men alive. The way in which these individuals acquired all their profits is something very contradictory even over one-hundred years later. Some historians characterize these businessmen as “robber barons” who used extreme methods to control and concentrate wealth and power, and being supported by multiple sources, this statement is justified but only to some extent.

Read More
1282 Words | 6 Pages

His work, The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy, allows readers to see a more picture perfect outlook on what the lives of these men entitled. Morris’s book was published in 2005, which allows readers to get a perspective from a long period of time and closer to reality rather than other historians writing on this era. The last author that allows readers to view the Robber Barons in a different manor is James Nuechterlein in his journal article Gifts of the “Robber Barons.” Nuechterlein wrote this article in 2007 allowing readers to view the men through historical resources that he uncovered. His stance shows a more balanced approach to the Robber Barons rather than saying one or the other was a better man than the other.

Read More
150 Words | 1 Pages

Entrepreneurs controlled the Gilded Age creating a growing economy with booming businesses and yet this has not changed over the years. John Rockefeller and Andrew Carnegie can be compared to those with the names Steve Jobs and Bill Gates. Multibillionaires, who know what the consumers desire, is what these men are best at. They knew and now know business well enough to be able to control our country’s’ economy. However, these successful business men do not do it together.

Read More
218 Words | 1 Pages

Robber barons, specifically Andrew Carnegie, an industrialist and John D. Rockefeller, a philanthropist, were the chosen, elite members of society according to the doctrine of Social Darwinism. Darwinism is when evolution occurs and the strongest organisms of an ecosystem survive and reproduce to outnumber the weaker, less fit organisms of an ecosystem. Similarly Social Darwinism follows the same concept, but in a capitalist sense of thought. Those who were able to exploit the Gilded Age’s laissez faire economy to their own benefit, like the robber barons Andrew Carnegie of Carnegie Steel and J. D. Rockefeller of Standard Oil, were the fittest members of society because they were able to survive in the grueling and ruthless free economy. By usurping all of the fresh yet unfit immigrants that were flowing into the States due to the rise of urbanization, these two men integrated these easily-manipulated people into their factories to augment their profits.

Read More
1093 Words | 5 Pages

After the Civil War, the Second Industrial Revolution was established due to America’s rapid growth for industry and economics. Capitalists during the industrial period of 1875-1900’s were either accused of being a robber baron or a captain of industry. Some capitalists leaders who were accused of being a robber baron or captain of industry included J.P. Morgan, Andrew Carnegie, Andrew W. Mellon, and John D. Rockefeller. A robber baron is a business leader who gets rich through cruel and scandalous business practices. The captains of industry is a business leader who wants to better the companies in a way that it would be positively contributing to the country.

Read More
939 Words | 4 Pages

Thesis : After the Civil War, America was in a post-war boom. During the 1870-1890, big business moguls, such as Rockefeller and Carnegie, create huge corporations which not only affected the economy, but also affected the political realm of America. While many may assume that during the rise of these big business helped to change the economy and politics,  the real focus was on the responses formed by society, such as labor unions, increase public outcry, and political opposition groups that helped to change society. A: Economically, big business flourished during the late 1800s.

Read More
925 Words | 4 Pages

“Much of the blame heaped on the captains of industry in the late 19th century is unwarranted.” (Document F). The Gilded Age was a time where the U.S. economy grew very quickly and rapidly, due to the inventive minds and entrepreneurs of that time; but it has different perspectives of opinions in history today. This era led the U.S. to its state and place in the present world, thanks to its important contributors, (who are involved in the main debate of whether they were robber barons, unethical men who yearn for money, or captains of industry, leaders who add positive ideas and methods to benefit their country.) The industrial leaders of the Gilded Age are captains of industry, worthy of some gratitude and credit for how our society’s structure

Read More
575 Words | 3 Pages

This essay will generally analyze the relationship between the government and businesses, and how “Big Business” essentially took control of the Gilded Age. America’s first true big business mostly arose because of the railroads, which is fairly significant, because it essentially helped lead the development of other business barons such as, John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan who all had particularly extraordinary accomplishments in shaping our economy. Most of these men who created big businesses after the Civil War were driven by a compelling desire to become rich and influential.

Read More
102 Words | 1 Pages

In the year of 1852, the industrious skill and dedication of a young twelve-year-old boy named Andrew Carnegie captivated Thomas A. Scott of the Pennsylvania Railroad. 1 Awed by his diligence, Scott immediately hired and made Carnegie his personal telegrapher.2 With a “rags to riches” background that inspired others to work hard for the American Dream, Carnegie knew exactly how the less fortunate felt when they were compared to the wealthy. Noticing how society achieved social, economic, and political equality before industrialization, Carnegie shared his intake on America’s momentous shift from an agrarian society to an industrial society in the late

Read More
224 Words | 1 Pages

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.

Read More
964 Words | 4 Pages

Was Cornelius Vanderbilt a Robber Baron or Captain of Industry? A cruel businessman or an industrious leader? Henry J. Raymond believed that Vanderbilt was “a monopolist that crushed other competitors”(T.J Stiles). While he is also deemed one of America’s leading businessmen, and is also credited for helping shape the United States. His fortunes were made unfairly in some cases but his million dollar contribution to the Navy was very generous.

Read More
460 Words | 2 Pages

During the late 19th century, there was a growth in industrialization. This brought new opportunities for the poor and the rich. For example, Carnegie helped build the steel industry in Pittsburgh Pennsylvania, which made him one of the richest man in the world. As Carnegie gained more wealth, he questioned who money should be given to. Carnegie was both a Robber Baron and a Captain of Industry.

Read More
861 Words | 4 Pages

The Gilded Age lasted from 1870 to World War 1, “1900s.” The Gilded Age was a period of fast economic development, but also much social struggle. Mark Twain in the late nineteenth century founded the “Gilded” Age, which means covered with gold on the outside, but not really golden on the inside, for example, tin. This period of time was glittering on the surface but corrupt underneath. In other words, the outside looked beautiful, but the inside looked old and trashy.

Read More
235 Words | 1 Pages

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.

Read More

More about Robber Barons Essay

Related Topics

Open Document