men‚ John D. Rockefeller‚ Andrew Carnegie‚ and J.P. Morgan‚ were seen as robber barons BUT they were also seen as industrial statesmen. Robber baron was a term given to the rich who would pretty much do anything for money whether that meant the jeopardy of workers’ lives and crooked business practices. John D. Rockefeller started a standard oil company and was the first American billionaire. John R. was considered a robber baron mainly because he used his insight of business to ruthlessly force other
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between 1875 and 1900‚ the intention with which they did so has been a topic of dispute. While some historians described these capitalists as “captains of industry” others believed they were better described as “robber barons”. Of these two characterizations‚ the title of “robber barons” was more appropriate as most of them gained their wealth and power by fraudulent means — defying government regulation‚ using ruthless business schemes
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Who Were The Robber Barons?"A friendship founded on business is better than a business founded on friendship." These words ring true in the ears of business owners and CEOs even today. Who was the man that spoke these words that still have thought and meaning today? Why‚ none other than John D. Rockefeller. Rockefeller was one of the many "robber barons" of the gilded age. In case you were wondering‚ a robber baron is a "ruthlessly powerful U.S. capitalist or industrialist of the late 19th century
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They created so many job opportunities‚ built industries that benefited the whole country and gave away much of their hard earned money. Capitalists of the nineteenth century may have been considered robber barons but they were for the most part captains of industry. The American Industrial Revolution fundamentally changed politics‚ society‚ and the economy. Factory workers and consumerism had changed immensely in the Gilded Age; about 400‚000 patents were made between 1875 and 1900 which signifies
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two industrialists and one of them was the Captain of Industry. But‚ we’re going to focus on the Robber Baron‚ they’re known more for their dirty work. Some examples are bad political practices‚ business reforms‚ and treated their workers poorly in terms of labor. Many people don’t know what these industrialist did to the public to gain their wealth‚ but now you’ll know the bitter truth. Robber Barons stole from the public using methods/practices such as the spoils system and graft. Under the spoils
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I believe that John D. Rockefeller should be viewed as a Robber Baron because he used illegal tactics to gain his wealth and he destroyed any competition he had. Therefore‚ that makes him a robber baron. However‚ many believe he was a captain of industry because he treated his workers well. While this is the case‚ he did not treat them well out of the goodness of his heart. He simply didn’t want his workers to become unhappy and the news get involved. If the news were to get involved‚ then there
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Robber Baron or Industrial Statesman Essay More often than not‚ America’s antebellum capitalists are accused of being the “robber barons” of industrial America. The misconception is that these men took advantage of a naïve and growing economy and reaped its benefits without giving anything in return. True‚ the majority of America was poor in comparison to the few elites‚ but the philanthropist efforts and contributions of these men cannot be denied. If not for these men and their efforts‚ there
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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
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Robber Barons and Rebels Assignment: In a well developed essay of 3-5 typed pages (Times New Roman 12 font‚ double-spaced)‚ answer the following questions -- doing well to make smooth transitions from one idea to the next (the key is to see how they are linked and then tap into those commonalities in your transition): • What was the technology that transformed the workplace from 1865-1900? What economic and social effects did the new technology have on American society? • During this
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elite could only afford‚ and making the immoral decision to underpay workers. While Carnegie and others tried to become philanthropist their money only went to things that most people wouldn’t use until now. So‚ I say yes this period was ruled by robber barons who continually kicked the poor while they were down then
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