Captain Of The Industry. The way many people see it and agree to the fact that Carnegie is a Captain Of Industry since he never took advantage of the government like the way that John D. Rockefeller did. Rockefeller took great advantage of the unfair ways that the government influenced him. Many people would look at Rockefeller and automatically say that he is a Robber Baron since he always was so care less about anything and everyone else. He made profit out of other people’s work using horizontal integration
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Ch. 24 1. Leland Stanford- He was one of the "Big Four" who backed the Central Pacific Railroad. He was the ex-governor of California with useful political connections. 2. Collis P. Huntington- He was one of the "Big Four" who was an adept lobbyist. 3. James J. Hill- He created the Great Northern railroad and was the greatest railroad builder of all time. 4. Cornelius Vanderbilt- He was the head of New York Central railroad and he financed successful western railroads. 5. Jay Gould-
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whether John D. Rockefeller‚ Andrew Carnegie‚ and Henry Ford are robber barons or captains of industry. Robber barons were business leaders who built their fortunes by stealing from the public and captains of industry were business leaders who served their nation in a positive way. These three entrepreneurs were robber barons‚ for they either did many good things for the nation but had tricks up their sleeve‚ or were just leaders that treated people unfairly. Henry Ford‚ John D. Rockefeller‚ and Andrew
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Abstract The industry revolution drastically changed society from a traditional system to be an industrialized and capitalist system. During that time‚ the growth is driven by five insightful men: Cornelius Vanderbilt‚ John D. Rockefeller‚ Andrew Carnegie‚ J.P. Morgan‚ and Henry Ford who will change the world forever. This paper analyzes five great U.S. leaders and why they are the key leaders of their time through leadership characteristics and how they influence capitalism
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other “Greats” such as Cornelius Vanderbilt‚ John D. Rockefeller‚ and Andrew Carnegie because of his motives and his upbringing. A “robber baron” is most simply defined as an individual who has financial ambitions that cause him to knowingly take advantage of others for his own personal gain. A “captain of industry” seeks solutions to common problems‚ and though the outcome may prove to be monetarily beneficial‚ others are not harmed in the process. John Pierpont Morgan was born to Junius Spencer
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era? Robber Barons was the negative term for the titans of industry or‚ as Professor Donald Miller calls them‚ the capitalist conquistadors. These were the guys like Andrew Carnegie‚ Cornelius Vanderbilt‚ Gustavus Swift‚ Philip Armour‚ John D. Rockefeller and others who rose to the top and ran monopolies or near-monopolies in the Gilded Age (1870s-1900ish). They were seen as bad because they employed ruthless methods to run competion out of the market‚ but on the other hand‚ weren’t breaking
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large businesses like steel making‚ oil production and the railroads making them some of the most powerful men in the world; the wealth was obtained by using child labor‚ trying to destroy the middle class and destroying all competition. John D. Rockefeller took advantage of children in his coal mines to by making them workers called breaker boys. Most breakers were 8-12 year old boys or old men who couldn’t do anything else. Breaker boys removed impurities from coal by picking them out. After
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John D. Rockefeller has earned a spot in the hall of shame. He became wealthy because of ruthless and dishonorable business tactics which then hurt the nation. Rockefeller became wealthy because‚ he lowered his prices way down and forced the Pennsylvania Railroad to lower their prices‚ and he also ran smaller companies out of business and then took them over for his own. After he took over most of the smaller businesses‚ he raised his own prices back up in order to bring in a bigger profit. Rockefeller’s
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deserve the title of Robber Baron; Folsom argues‚ such as Edward Collins and Henry Villard. Others‚ he insists‚ deserve credit for “decisive and unpredictable contributions to American economic development.” Two of these men are James Hill and John Rockefeller. As market entrepreneurs‚ they found success through skill‚ efficiency and vision. During the steamship competition between The United States and England‚ a political entrepreneur named Edward Collins received a federal subsidy of $3‚000‚000
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Taking On the Trust Steve Weinberg’s “Taking on the Trust” is a book that chronicles the lives of both Ida Tarbell and John D. Rockefeller. Ida Tarbell was born in Pennsylvania to Franklin and Esther Tarbell. While her family was not necessarily poor they were not rich either. At times they had to struggle to make it through while at other times they had money in the bank. One of the interesting things about her family is how strongly religion played a role in their family. Even when they didn’t
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