Despite the fact that many had viewed John D. Rockefeller and Andrew Carnegie as Tycoons of Industry or Robber Barons, these two industrial giants begged to differ. Robber Baron was a name given to industrial giants in the late nineteenth century who were believed to have become richesy through wrong means, such as questionable stock-market operations. Rockefeller once stated ...and just now through such successive steps and by a spacious aggregation of capital is America today enabled to give the bounty which its land pours forth, and to furnish the world with light. He believed it was essential during the time of the great depression for him to increase his capital. In doing so he consulted with other companies within the business to bring step forward some order. This was Rockefellers view of the situation, but many others of his time, or throng of the work class did not perceive the situation as he did. They believed Rockefeller and aggregation of capital worked to energiseher to cheat them knocked out(p) of their cash in a time of crisis.
Another famous industrialist, Andrew Carnegie argued that capitalists be the benefactors of the world. Carnegie believed that the poor should follow such capitalists or men of wealth because it produces the most beneficial results for the community.
Carnegie stated, The man of wealth thus graceful the mere trustee and agent for his poorer brethren, bringing to their service his tiptop wisdom...doing for them better than they would or could do for themselves... Once again, a great capitalist such as himself portrayed his position in a positive aspect. Carnegie believed the working class should entrust their money to such capitalists to his belief that the capitalists wisdom is far greater than that of the working class. Because of such belief, the capitalists would provide a better community...
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment