Essay On Andrew Carnegie Robber Barons

Before I explain how Andrew Carnegie is a robber baron I should explain what a robber baron is which would be an unscrupulous, plutocrat to which runs a business with ruthless means and does things that are to only further benefit ones self and may harm others or the community. There are a many examples on why Carnegie is a robber baron some include ways he obtained his capital, another is treatment of his customer basis and the last is the environment of his workers . My first point is how Carnegie obtained most of his capital which would be through nefarious means such as illegal, secret deals on the railroad which once uncovered was abolished punctually, some other things were by running out and threatening other company's that were smaller to give him what he wanted if they did not oblige he would wait run them out by having “good deals” on his steal. If you look at some of the characteristics of a robber baron some are ruthless business tactics like running people out with threats or by lowering his price until others couldn't compete, also he would have these competitors sometimes be customers where shipments would go “missing”. Another characteristic is secrets (especially with deals and prices) such as the secret business deals he made with other large companies. …show more content…
Causing these customers to lose their customers due to having to change and raise prices and lack of product. This is shown in the characteristics of a robber baron, the characteristic being ruthless business tactics, self consumed, secret rebates on products and shipping and lying all of these are proven with these