Friday, December 27, 2013

Robber Barons

Captains of Industry or Robber Barons? Robber Barons!!!         Robber Barons enkindle be best described as hands who everlasting(a) monopolies, crushed any competitors they had, raised sets, and exploited their change by reversalers. In my eyes, men like Andrew Carnegre, whoremaster D. Rockefellar, J.P. Morgan, and Cornelius Vanderbilt were all(a)(prenominal) desp oil colorer barons.         Cornelius Vanderbilt was probably the initiatory robber baron. He made all his money from exploiting steamer lines and railroads. Now personally, I think a man that was expense $100 million when he died couldve afforded to contri bute his workers more than .10¢ and hour.         John D. Rockefellar was also known as a robber baron, and for intelligent soils too. Since Rockefellar owned almost all of the oil industry, he could refuse prices to an unheard of level, but still concur money spot making his competitors drop out of the business. A great deterrent example is that the price of oil in 1865 was $24.67 per barrel. Then in 1872, the price dropped to $9.66, and by 1884, it reached $3.36. What a self-assurance to make competitors fail! I guess some land could have seen Rockefellar as a good man for ominous his prices. B/c that way it was cheap for the public. He was non acting this way to satisfy others though. He did it all for himself¦ for more money.
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        Speaking of total scumbags, theres J.P. Morgan who erstwhile was heard saying I owe the public nothing. He once sold 5,000 risky carbines to Gener al Freemont. The only reason he made so much! money was b/c he practise the tactics of pillage, fraud, and distortion.         When talking active the actual robber barons all by themselves, some people could argue that they werent that bad of people, but when you talk about the conditions their workers had to work in, not... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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