These men were captains of industry because they all donated money. One way Rockefeller bestowed a portion of his money away was by giving “millions of dollars to a variety of causes.” In the reading it quotes, “In 1919 Rockefeller donated $50,000,000 to the Board to raise academic Salaries.” This quote demonstrates that John D. Rockefeller was not an awful guy and cared for other people. In addition, it later says in the reading it that he also donated money for religion and medical purposes. Another piece of evidence that shows these men are Captain of Industry was in the Eastman reading when it states, “He supported dental clinics for children who could not afford treatment.” Instead of keeping the money for himself to produce extra money, he decided to donate it to the unfortunate who couldn’t afford to receive treatments from dental clinics. …show more content…
The third piece of evidence is a quote from the Morgan reading when it claims, “He donated paintings, sculpture, and tapestries to the Metropolitan Museum of Art in New York.” The reader might infer from this quote that Morgan must have been a painter because it says he donated paintings and sculptures. Furthermore, back then if someone painted something, they could sell it. We can infer the Morgan was an admirable man because instead of keeping everything for himself, he gave it away. Thus, these were marvelous men. Lots of people might have the opinion of calling them Robber Barons but to others, they all had a decent heart inside pointing them to be a Captain of
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The actions of George Eastman, John D. Rockefeller, and Andrew Carnegie had a positive impact on society due to their philanthropic acts which, in turn, made these significant businessmen Captain of Industry. For example, George Eastman gave generously to charities and donated $2.5 million for a dental clinic for children who could not afford their own treatment because he believed that people with a good smile were more successful in life. Therefore, Eastman was a Captain of Industry due to these philanthropic acts of him giving away his money to better the less fortunate so that they had a more successful life, which positively impacted their lives and as a whole, he benefited society. In addition, John D. Rockefeller contributed largely
As our country reached the late 1800’s, Americans found themselves face to face with era known as the ‘Gilded Age’. Companies were created and grew rapidly during this time period. Some of the most famous entrepreneurs were John D. Rockefeller and Andrew Carnegie, who seemed to be the perfect models for the ‘rags to riches’ story. Many people debate which entrepreneur was a better role-model. Due to his low prices, the high demand for his products, and the way he sought to eliminate any possible competition, John D. Rockefeller is clearly the better role-model for today’s entrepreneurs.
There had to be a way to keep the industry growing, with the needs for education, as well as materials for farming and for the use of new inventions in technology. The captains of industry were very capable in providing for these needs. In Document C, Wealth, Andrew Carnegie describes what the man of wealth was responsible for: “To produce the most beneficial results for the community- Bringing to their service his superior wisdom, experience, and ability to administer, doing for them better than they would or could do for themselves.” The conditions of the lower class at the time gave these men a leading role for priorities, which they were successful with.
His work, The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy, allows readers to see a more picture perfect outlook on what the lives of these men entitled. Morris’s book was published in 2005, which allows readers to get a perspective from a long period of time and closer to reality rather than other historians writing on this era. The last author that allows readers to view the Robber Barons in a different manor is James Nuechterlein in his journal article Gifts of the “Robber Barons.” Nuechterlein wrote this article in 2007 allowing readers to view the men through historical resources that he uncovered. His stance shows a more balanced approach to the Robber Barons rather than saying one or the other was a better man than the other.
Although they were “people who have an important job in the industry and can influence company and national planning”, according to the Cambridge dictionary, just like Robber Barons they both strove for a success of themselves and for their company. However, Captains of Industry were able to influence companies with a sensible approach, not by using brute force and blackmail such as Robber Barons. Captains of industry had a positive impact on the industry, not only changing the way that the industry would function today, but also change their approach on how they would impact future
Robber barons, specifically Andrew Carnegie, an industrialist and John D. Rockefeller, a philanthropist, were the chosen, elite members of society according to the doctrine of Social Darwinism. Darwinism is when evolution occurs and the strongest organisms of an ecosystem survive and reproduce to outnumber the weaker, less fit organisms of an ecosystem. Similarly Social Darwinism follows the same concept, but in a capitalist sense of thought. Those who were able to exploit the Gilded Age’s laissez faire economy to their own benefit, like the robber barons Andrew Carnegie of Carnegie Steel and J. D. Rockefeller of Standard Oil, were the fittest members of society because they were able to survive in the grueling and ruthless free economy. By usurping all of the fresh yet unfit immigrants that were flowing into the States due to the rise of urbanization, these two men integrated these easily-manipulated people into their factories to augment their profits.
Robber Barons and Captains of Industry Some might believe that the businessmen of the Gilded age are robber barons because of how some of them treated their workers and spent their money. The businessmen of the Gilded Age were captains of industry because of the impact that they made on the country. Carnegie, Rockefeller, Morgan, and Vanderbilt all have done things that can identify them as captains of industry. These businessmen gave their time and effort to help the economy grow.
The captains of industry believed that the poor people were inferior to the rich people. The rich were superior because they had “wisdom, experience, and the ability to administer”. The duty of a rich person was to help out a poor person which was what was said in the Gospel of Wealth. The Gospel of Wealth is about how the rich person's responsibility is philanthropy. Carnegie believes in charity work so he would donate to libraries, and universities and schools and etc.
Was John D. Rockefeller a robber baron? I’d say so. Through ruthless business tactics and exploitation of workers, he made a fortune in his lifetime. In this paper, I’m going to be talking about said business tactics and exploitation. If you believe Rockefeller was just a good business man who donated to the poor, I hope your view will be changed by the end.
Was Cornelius Vanderbilt a Robber Baron or Captain of Industry? A cruel businessman or an industrious leader? Henry J. Raymond believed that Vanderbilt was “a monopolist that crushed other competitors”(T.J Stiles). While he is also deemed one of America’s leading businessmen, and is also credited for helping shape the United States. His fortunes were made unfairly in some cases but his million dollar contribution to the Navy was very generous.
During the late 19th century, there was a growth in industrialization. This brought new opportunities for the poor and the rich. For example, Carnegie helped build the steel industry in Pittsburgh Pennsylvania, which made him one of the richest man in the world. As Carnegie gained more wealth, he questioned who money should be given to. Carnegie was both a Robber Baron and a Captain of Industry.
In the late 1800’s, J.P Morgan, John Rockefeller, and Andrew Carnegie had a negative impact on society because they were Robber Barons. They treated their workers very poorly in a way that should not have happened. J.P Morgan forced his workers to labor under harsh conditions for long hours and low pay. This is coming from a guy who has made millions of dollars and who has started a 60 million dollar business. Knowing how much money he has and how very little he pays his workers shows how ruthless he is as a business owner.
Their admirers argued that they were captains of industry who built the core american industrial economy. For example, Carnegie donated more than 90 percent of his fortune and said that philanthropy was an upper class duty the “Gospel of Wealth”. Rockefeller donated more than $500 million to various charities, slightly more than half his entire net worth. Gilded Age politics called the “ Third Party System”, featured very closed contest between the republicans and democrats. Progressivism was caused by the gilded age.
John D. Rockefeller gave away $540 million dollars before his death at the age of 97. With this money he created two, of the world's greatest research companies and helped pull the American South out of poverty. Without Rockefeller’s gracious donations to our country through education, medical, and donations to help our country, he most definitely was a Captain of Industry which helped our country get to where we are today. Captain of Industry is a fancy term of saying that this person has helped our country thrive and get to where we are today. John D. Rockefeller is a prime example of a great leader and a captain of industry, without him we would not have the successful oil business we have today.
Eastman, Morgan, Rockefeller and Carnegie were overall Captains of Industries. Even though they treated their workers poorly they all donated lots of money to churches, schools and many more places. But most importantly they made big impacts on the society. They were all innovations, innovations are the creating of a new idea, method or product. Some evidence from the article and websites we read are Eastman developed film (article).