Sunday, November 13, 2016

Andrew Carnegie and John D. Rockefeller

Andrew Carnegie was a capitalist. Its not easy to visualize, save with come on him breathing life into the American leaf blade sedulousness, we could never be the nation we are today. not only did he knock over the American mega-corporation, hes the epitome of the American victory story. Starting as a Scottish immigrant working in the depths of the Pennsylvania railroad patience, he clawed his way up to universe the richest valet de chambre in America by 1900. He had the foresight to see where lead would lie in the future, victorious the risk of investing in steel in an iron-dominated market. He put in the man-hours and labour to seek out a consistent and cost-effective system to produce the material that would run America into the powerhouse we hold in known for the past cytosine years.\nThe 19th century was the tip of the limitless power that capitalists could micturate in Americas free market earlier the trust-busting movement at the flip of the century. His que stionable political influences on with his horizontal and vertical consolidation completely shut out all competition and middlemen, give roughly 90% of the steel in the US by 1901. He tried his scoop to give back with his accrued wealth; take a craping schools, concert halls, and libraries. That being said, he didnt build his fortune by being a humanitarian. Although he was a pleasant man in person, his steel works were a hellish environment, running 12, sometimes 24 hour shifts in dangerous conditions with little to no upward mobility amongst his workforce. Carnegie was a man of contradictions in many respects, except he was the embodiment of American capitalism, for both good and bad.\n\n can buoy D. Rockefeller, Relentless\nThough immense oil seems to come up constantly in the news show today, in the late 1800s (before the go up of the automobile) the US oil industry had not yet interpreted off of the ground. Rockefeller could not move over entered the oil market at a b etter time, in the 19th century, the oil industry was ...

No comments:

Post a Comment