Robber Barons. There were two types of robber barons during this time, the industrial pirates, and industrial statesmen. Industrial pirates cared little for creating anything of lasting value,

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The Robber Barons Essay

        

        The term ‘robber baron ‘is used to depict business men and bankers who ruled their industries and gained a large amount of personal wealth; whether or not that man did good or evil. It surfaced many years before the Industrial Revolution, but the revolution is what created its widespread use. The Industrial Revolution was a time of great confusion, manipulation, and opportunity. The robber barons were the ones that pushed through this tough time and reigned truly supreme.

        There were two types of robber barons during this time, the industrial pirates, and industrial statesmen. Industrial pirates cared little for creating anything of lasting value, their purpose was bloodsucking and their contribution to economic development negligible or absent. They were exciting and malicious, but primarily plunderers and destroyers. Industrial pirates came, conquered, and left wreckage behind them. Jay Gould best personifies this type of robber baron. He was feeble in stature and had hunger in his eyes.  Gould was blessed with a brilliant and analytical mind. He allied himself with others whenever the opportunity deemed necessary. His ultimate purpose remained unimaginable. Gould and other industry pirates seemed uninterested in acquiring power or glory; instead, they had a piercing eye for uprooting the authenticity of monetary opportunity. Unrestrained from ethical policies, they ruined their rivals by resorting to deceit and stealth. Industrial pirates seemed to take everything and give nothing. Jay Gould and his partners ignored the law, social and business customs, and cared nothing for the businesses they exploited and usually destroyed.

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        These same claims cannot be made against the second type of robber barons. This robber baron was a businessperson known as an “industrial statesmen.” Andrew Carnegie and John D. Rockefeller were prime examples of this robber baron. In fact, they can be closely compared to Robin Hood. These barons were builders instead of wrecking balls. They acquired vast fortunes but also established large enterprises and stayed closely identified with them. Within their companies, they dealt with uncomplicated products, improved their quality, dropped their price, and increased their productivity. The industrial statesmen helped pioneer a bunch of technological innovations that revolutionized ...

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