Dreiser reflected on the wide financial divide that marked america's industrial revolution—great economic progress and vast fortunes built on the labor of the working poor and no man played a bigger role in this fraught tableau than andrew carnegie, the wee scotsman who parlayed brilliant business. John naughton asks whether today's captains of industry – the wealthy and powerful figures who control the digital universe – are any different from the the list is headed by those grizzled old robber barons, john d rockefeller, andrew carnegie and cornelius vanderbilt, with $336bn, $309bn and. Although some of these criticisms are well founded, men like andrew carnegie and john d rockefeller were, in fact, captains of industry because they employed millions and created new ways of doing business before all these industrialists can along, america was just another country that had little significance to the. Andrew carnegie quotes the scottish-born american industrialist and philanthropist andrew carnegie (1835-1919) was one of the first captains of industry leader of the american steel industry from 1873 to 1901, he disposed of his great fortune by endowing educational, cultural, scientific, and technological institutions. —from wealth, by andrew carnegie, north american review (1889) law who cares about the law hain't i got the power —comment alleged to have been made by cornelius vanderbilt, when warned that he might be violating the law though a century has passed since the heyday of the great industrialists and. Whether a man was referred to as one of the captains of industry, or one of the robber barons, depended upon a person's perspective our list of the captains of industry include men such as jp morgan, cyrus mccormick, john d rockefeller, andrew carnegie, george westinghouse, thomas edison,. The period of invention after the civil war set the stage for immense industrial growth (cayton 237) this period of time in the late 1800's is known as the industrial revolution two prominent names in big business were john d rockefeller and andrew carnegie there is no doubt that these people left their.
The same city that was filled with men, women and children laboring in polluted factories was also chock full of captains of industry — or, to use the pejorative, robber barons men like bankers andrew and richard mellon, the inventing genius george westinghouse (who fought with thomas edison about. With his old mentor tom scott's help, carnegie raises $21m in today's money and builds his first steel plant the 100 acre steel mill is the country's largest capable of producing 225 tonnes a day but when rockefeller moves his oil off the railroads, he bursts the bubble in the rail road industry carnegie suffers in the. This provocative question contains at least four historical sub-questions: what's a captain of industry what's a robber baron what's the difference and is mr trump these individuals were our business statesmen, with andrew carnegie the classic example (libraries, an endowment for peace, an early fund for teachers'. The captains of industry were a huge part of the 19th century because they were big manufacturing companies that produced massive amounts of items that were sold to the public some big captains of industry names were john d rockefeller who founded and sold standard oil another big name was andrew carnegie.
But i suspect they are just the people who happened to be there and who made their industries work were it not for them, someone else probably would have done the work but while they were accumulating great wealth for themselves, they were creating jobs for many and creating the industries we needed to make. Quoted: are mark zuckerberg and tim cook the new robber barons/captains of industry david nasaw, biographer of steel magnate andrew carnegie and a history professor at city university of new york, quoted in a guardian piece looking at the influence of tech ceos such as facebook's mark.
Carnegie was born in dunfermline, scotland, and emigrated to the united states with his very poor parents in 1848 source: andrew carnegie major historical events that took place during his lifetime 1- era of building the railroads ( 1850's) 2- the civil war ( 1860-1865) 3 - the industrial revolution ( 1885. As the nation's first big business, railroads occupied the center of the economy, a driver of demand and shaper of strategic interests of other enterprises that gave rise to the classic captains of industry in cleveland in the 1860s, a pious young bookkeeper named john d rockefeller sr formed a petroleum-refining business.
Entry: 2207 nyshd david bang & afshin khan, stuyvesant high school the music at the end of the documentary is by afshin khan if you're interested in hearing.
In the late 19th century a captain of industry was a business leader whose means of amassing a personal fortune contributed positively to the country in some way this may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy this characterisation contrasts with that. John d rockefeller made his immense riches from monopolizing america's oil industry conspiring with refinery owners, he helped found what became known as the standard oil monopoly the consortium colluded with the railroads to monopolize oil delivery, prompting competitors to allow themselves to be bought by. Conceptual unit question: how did economics influence the growth of industry and big business how do all of the parts of the economy work together scenario: it is 1910 and three captains of industry – cornelius vanderbilt, andrew carnegie, and john rockefeller – have been indicted on charges of ruining.