Robber Barons or Captains of Industry?
Thursday, January 22, 2015
Robber Barons or Captain of Industry?
I would say that Rockefeller and Carnegie were Robber Barons because all they cared about was making money and getting wealthy. Although Carnegie did improve the world by making steel, I still believe that Carnegie knew that he would get lots of money for himself. Rockefeller believed that he would get lots of money also because on page 448 on our text book is says this "Rockefeller was on his way to accumulating a great fortune..." He mightn't not know this, but the questions is "What did he do with all of the money he got" by forming the Standard Oil Company. This is an interesting questions which only they could answer only if they were alive, we can even try to maybe figure out if they used it for some charities. Although by looking back, the text said that Rockefeller donated five hundred million dollars for charities and institutions that he would believe that would improve humanity. Likewise Carnegie in his speeches preached about the "good of wealth" which he did say that people should give some money away to country around this world. As long as you give something away the world would look at you like you are a very generous man/ women, but they don't really see the inside of your heart and think the same way as you. Carnegie has given at least three hundred and thirty five million dollars to the would by creating steel.
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