Robber Barons

Captains of history or Robber barons? The capitalist who wrought industrial America made the southwardern industry more developed. Although it shaped auberge for us today the capitalist went about it the disparage way. industrial enterprise was often introduced as beneficial to all, profitable hitherto in history. In document I John D. Rockefeller , witness to the U.S. industrial commission, before the house of representatives, 1899. It says their chief advantages are: business leader to give the public improved products at less prices and quiet it make a profit for stockholders this discusses the advantages that the industrial oil federation has and how beneficial it was to the public. To add some reality to this there were flaws with industrial enterprise an example is in document H Clement Studebaker, worldly concernufacturer of horse-drawn vehicles, testimony to Chicago Conference on Trusts, 1899 it says No true monopoly is possible in this countr y.. The way this quote was comprehend was that in this country there was no big gold guaranteed. The capitalist were corrupt Robber Barons. Industrializing was hard work all in all not for the capitalists. As in servicemany cases in the south the smashed had it easy and the poor had it hard and now children were ill-treated as well.

The wealthy class was get worded the superior to the poor. They were the bosses and they benefited a mobilise from the industrialization of the south. The wealthy had to share their knowledge with the poor. Document C Andrew Carnegie gospel of wealth,1899 it says Th is, then, is held to be the duty of the man ! of wealth: to control all surplus revenues which come to him simply as combine funds, which he is called upon to administer, and strictly bound as a segmentation of duty to administer in the manner which in his persuasion is best calculated to produce the most beneficial results for the community- the man of wealth thus becoming the mere agent and legal guardian for his poorer brethren, bring to their service his superior wisdom,...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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