• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

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,

Extracts from this document...

Introduction

Lamar High School The Robber Barons U.S. History Period 7 Word Count: 827 11/3/2009 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. ...read more.

Middle

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 American industrial manufacturing. These industrialists paved the way for our modern and complex industrial society. Not even the critics of that time denied them this role. Critics often searched for every single negative aspect of life while the defenders pointed out the positive contributions. The typical story of an industrial statesmen is that of 'a poor boy who rose to riches through hard work and determination.' Carnegie considered his work a duty and did not find much pleasure beyond it. Rockefeller is also known to have worked as a chairman rather than a dictator. His intelligence lay in his capability to keep his officers working cooperatively and in an environment of discipline, forthrightness, and communal respect. Rockefeller was able to impose stability upon a once hectic and bloodthirsty industry. ...read more.

Conclusion

If I were to be living in that time, I doubt I would notice these differences as much as I do presently. One can only imagine the confusion shared by the public as these few men made mincemeat out of the economy. The majority of people against these types of men were the hardworking laborers who were left jobless after this typhoon of monopolistic enterprises swept them off their feet. I would have felt intense hatred toward these thieves of society and ethics. However, I give them the honor they deserve for the acts they were able to accomplish. I look in scorn at the population at my school that consider baring their assets the most productive act they have accomplished all day; whereas with the robber barons, they were able to overcome their more often than not poor youth and flourish as multimillionaires. Yes, they manipulated the economy in ways that could not be repaired, but they also contributed to the success of America. I believe that in the end, we have benefited from Carnegie and Rockefeller, these modern day Robin Hoods. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our International Baccalaureate History section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related International Baccalaureate History essays

  1. How were the evils of the Industrial Revolution addressed in England? Evaluate the positive ...

    This excerpt shows the reform of government legislation. Furthermore, an excerpt from the Factory Act of 1833 (Document 4) demonstrates how the government affected child labour, "his majesty (the king of England) shall appoint...inspectors of factories...where the labour of children under 18 years of age is limited to a certain time frame of working hours."

  2. Nelson mandela, a man before his time

    Mining was an industry of mostly foreign investment made profitable by the use (abuse) of cheap black labour. Luckily Justice had contacts in South Africa with whom they could lodge, and this kept them away from the dangerous life on the streets.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work