Robber Barons Research Paper
Industrial Leaders – Robber barons or Industrial Statesmen?
The late 19th century industrial leaders have often been called "industrial statesmen" for the great economic power they brought to America. However, they have also been called "robber barons” since they built this great wealth by abusing the system, their employees, and destroying their competitors. These kings of industry displayed characteristics of both industrial statesmen and robber barons. But which would better describe them? They had their faults, but overall these leaders should be respected for all they have done. The Gilded Age was a century known for having capitalism, corruption, and crude displays of wealth. Business leaders thought too much of their own money to notice the negative effect they had on the business market. Mark Twain named the Gilded Age – ‘gilded’ meaning ‘covered with gold’. He was one of the many people who believed …show more content…
They also provided good jobs for the workers and gave much of their money to various charities. The Robber Barons, on the other hand, made millions of dollars without noticing their workers’ small incomes or donating a cent to a deserving cause. They were too busy checking the inflating prices, destroying competitors, and corrupting the government. However, characterizing the industrialists as a whole is completely uncalled-for, but can only be measured by an extent. Did they influenced Mark Twain in the naming of the Gilded Age or did they really did help out the U.S financially? The U.S had many factories and businesses that ran well, but they did not have unity. The economic world fell since there were constant wars between businesses and strikes between the people and the business. Like everyone else on this planet, they had flaws. However, the industrial leaders of the 19th century should be admired for their input into
The late 19th century industrial leaders have often been called "industrial statesmen" for the great economic power they brought to America. However, they have also been called "robber barons” since they built this great wealth by abusing the system, their employees, and destroying their competitors. These kings of industry displayed characteristics of both industrial statesmen and robber barons. But which would better describe them? They had their faults, but overall these leaders should be respected for all they have done. The Gilded Age was a century known for having capitalism, corruption, and crude displays of wealth. Business leaders thought too much of their own money to notice the negative effect they had on the business market. Mark Twain named the Gilded Age – ‘gilded’ meaning ‘covered with gold’. He was one of the many people who believed …show more content…
They also provided good jobs for the workers and gave much of their money to various charities. The Robber Barons, on the other hand, made millions of dollars without noticing their workers’ small incomes or donating a cent to a deserving cause. They were too busy checking the inflating prices, destroying competitors, and corrupting the government. However, characterizing the industrialists as a whole is completely uncalled-for, but can only be measured by an extent. Did they influenced Mark Twain in the naming of the Gilded Age or did they really did help out the U.S financially? The U.S had many factories and businesses that ran well, but they did not have unity. The economic world fell since there were constant wars between businesses and strikes between the people and the business. Like everyone else on this planet, they had flaws. However, the industrial leaders of the 19th century should be admired for their input into