Carnegie and Rockefeller

     The economy in America was starting to change beginning in the early 20th century. Large corporations began to take control of the economy, and the leaders of these corporations acted in ways that would not be tolerated in todays business world. In class, we learned about specific situations and people that took part in this drastic economic change. In multiple groups we researched either Carnegie or Rockefeller, we took notes on both these very successful business men. With this information we decided whether they were considered to be Captains of Industry or Robber barons.
     Both these men became extremely rich during this time since the steel and oil industry was booming like never before. Since Carnegie and Rockefeller were seen as powerful leaders in the business world, they were labeled either Captains of industry or robber barons. A Captain of industry is someone who is liked in the business world, and archives their success fairly. A Robber baron is someone who scams society instead of helping it like a Captain of industry. They carried out certain business practices that would result only in their own success.
     I believe that Andre Carnegie should be considered a Captain of industry. He became extremely rich from his great success in the steel industry. He showed his appreciation to society by spending part of his wealth on public needs. He also donated millions of dollars towards the advancement of education. With he own success, he wanted to grant success to his workers as well. He would regains specific talents his works had which would result in hi promoting them in ranks of management.

     John D Rockefeller was very different than Carnegie, and would be described as a Rubber baron. He would continue to keep production costs of oil down, which would result in rival companies going out of business. Like Carnegie, he did see the importance of advancing education and also donated millions towards this cause, but his love for wealth was very visible. He was considered to be "made for oil" and even bribed politicians in order to achieve more success towards himself and his company.