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 any laws or rules in this laissez faire timeperiod. These guys also gave a lot of money away: Carnegie built tons of libraries, and Carnegie Mellon University got a lot from him,
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 any laws or rules in this laissez faire timeperiod. These guys also gave a lot of money away: Carnegie built tons of libraries, and Carnegie Mellon University got a lot from him,