Saturday, September 21, 2013

Robber Barons

Captains of history or Robber barons? The capitalist who wrought industrial America made the southwardern industry more developed. Although it shaped party 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 loss leader to give the public improved products at less prices and unruffled it make a profit for stockholders this discusses the advantages that the industrial oil intricacy has and how beneficial it was to the public. To add some reality to this there were flaws with industrialization an example is in document H Clement Studebaker, patchufacturer of horse-drawn vehicles, testimony to Chicago Conference on Trusts, 1899 it says No true monopoly is possible in this country.. Th e way this quote was sense was that in this country there was no big mintage guaranteed. The capitalist were corrupt Robber Barons. Industrializing was hard work unaccompanied not for the capitalists. As in servicemany cases in the south the fuddled had it easy and the poor had it hard and now children were ill-treated as well.
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The wealthy class was get worded the superior to the poor. They were the bosses and they benefited a die 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 This, then, is held to be the duty of the man of wealth: to direct all surplus revenues which come to him simply as cartel funds,! which he is called upon to administer, and strictly bound as a atom of duty to administer in the manner which in his credit is best calculated to produce the most beneficial results for the community- the man of wealth thus becoming the mere agent and regent for his poorer brethren, bring to their service his superior wisdom,...If you want to get a full essay, order it on our website: OrderEssay.net

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