Robber Barons Role Of Capitalists Essay

Are Robber Barons a plus or a minus to the world back during the 1800’s? The Robber Barons used cartels, monopolies, and trusts to put themselves above everybody else. Immigrants coming in to the states were almost immediately thrown into jobs, but also could be let go at a moment’s notice. These Elitists made employees work harder as they sought ways to pay them less. Because they ascribed to the theory of Social Darwinism, if they thought an employee was weak or could not keep up they would simply fire them. After getting rid of an employee they had little cause for concern. These “Fat Cats” could just choose another immigrant from the thousands that were coming into the states to work.
Robber Barons began around the industrial revolution time period in the United States. Through the 1800's Robber Barons changed American lives for good. They started things like social and economic changes. These changes led to rebellious acts such as riots, strikes, and the birth of the unions. Robber Barons changed the lives of americans forever by taking over huge businesses and running them there way.
Robber Barons generated power and wealth during the industrial and economic progress followed by the American Civil
War. Robber Barons were huge businessmen. These great American capitalists who created enormous business organizations, trusts, allowed them to monopolize big industries. This gave them the power to take over the supply, pricing, and commodities of these major businesses. The powder that robber barons had was the same power a boss would have. They took over companies and ran them under their rules.
Although Robber Barons made life hard for the poor, they provided jobs for those who were in need of money.
Robber Barons did give jobs to those who were in serious need of them. No matter who it was they had a chance to work and prove themselves. If they showed great commitment and strength they got to stay and work. For them that was a huge opportunity because even if it was little, making money was all they wanted. It was very tough for them to keep their jobs due to how religiously they fired people. Robber Barons did make life tough on many americans, but also gave hope to those who would like to prove themselves in the work force. Men often are very prideful and feel like they need to provide for their families on their own and this gave them that
chance.
Robber Barons had one of the biggest impacts on the U. S. They made life impossible for business owners and big successful business. They took over big business and brought in workers that had been coming in as immigrants from all over.