Industrial Revolution And Greed
Greed: Good or Bad?
When you think about greed, you will most likely get a bad image. Greed means “intense and selfish desire for something, especially wealth, power, or food”, according to Google. People go to great extremes because of the simple fact that they are greedy! It is true, greed drives people to go out of their way and they usually become power hungry. Especially during the times of industrialization, many business tycoons became greedy and wanted to crush all competition.
The industrial revolution shows the role of greed very clearly, because many business people wanted to be the best and essentially get the most money. An example of this is John D. Rockefeller, his business was standard oil, when he found a way to make oil into kerosene, he began to crush all other competition. According to http://www.u-s-history.com/pages/h957.html “He (Rockefeller) eagerly crushed his competitors, ruining hundreds in his pursuit of profit.” Rockefeller didn't care about others and became centered around his own wealth. This would be a bad thing because it gave others less of a chance and it created one person that …show more content…
In the industrial revolution we saw that workers were treated unfair and not given the amount of wage they deserved. The business owners didn't want to pay the workers much because they were greedy. An example is Andrew Carnegie, during the Homestead Strike “In 1892, labor declared a general strike in New Orleans. Coal miners struck in Tennessee, as did railroad switchmen in Buffalo, New York and copper miners in Idaho.” . The workers wanted an increase in wage, but Carnegie responded by having “ All the strikers leaders were blacklisted. The Carnegie Company successfully swept unions out of Homestead”. Instead of giving the workers what they wanted, carnegie decided to “sweep” them out because he was greedy and didn't want to pay his workers fairly. When people become greedy, the take advantage of
When you think about greed, you will most likely get a bad image. Greed means “intense and selfish desire for something, especially wealth, power, or food”, according to Google. People go to great extremes because of the simple fact that they are greedy! It is true, greed drives people to go out of their way and they usually become power hungry. Especially during the times of industrialization, many business tycoons became greedy and wanted to crush all competition.
The industrial revolution shows the role of greed very clearly, because many business people wanted to be the best and essentially get the most money. An example of this is John D. Rockefeller, his business was standard oil, when he found a way to make oil into kerosene, he began to crush all other competition. According to http://www.u-s-history.com/pages/h957.html “He (Rockefeller) eagerly crushed his competitors, ruining hundreds in his pursuit of profit.” Rockefeller didn't care about others and became centered around his own wealth. This would be a bad thing because it gave others less of a chance and it created one person that …show more content…
In the industrial revolution we saw that workers were treated unfair and not given the amount of wage they deserved. The business owners didn't want to pay the workers much because they were greedy. An example is Andrew Carnegie, during the Homestead Strike “In 1892, labor declared a general strike in New Orleans. Coal miners struck in Tennessee, as did railroad switchmen in Buffalo, New York and copper miners in Idaho.” . The workers wanted an increase in wage, but Carnegie responded by having “ All the strikers leaders were blacklisted. The Carnegie Company successfully swept unions out of Homestead”. Instead of giving the workers what they wanted, carnegie decided to “sweep” them out because he was greedy and didn't want to pay his workers fairly. When people become greedy, the take advantage of