John D. Rockefeller

It has been said many times before, that the story of Andrew Carnegie was a true rags to riches story. He is one of the pioneers of the industrialization of America and the king of the steel industry in the 1800’s. Nearing the turn of the century Carnegie sold his multi-billion dollar companies and turned his focus onto philanthropy. He was one, if not the first, to publicly say all of the rich had a moral obligation to give away their fortune. Carnegie ‘put his money where his mouth was’ by…

• Name of Industrialist: Andrew Carnegie. • How did he acquire his wealth? - Andrew Carnegie was born into a family who believed in the importance of books and learning in Dunfermline, Scotland. After he immigrated to the United States in 1858, he started with his first job as a telegrapher and then invested in railroads. With constant efforts, he established the Carnegie Steel Company in 1889 that was the largest steel company in the world. He made huge sums of money from the steel industry.…

Andrew Carnegie was one of the most famous businessman during the 1800’s. He worked in the steel industry and contributed a lot to the American society and economy. But he wasn’t as good as he looked, and he for sure wasn’t a hero. A hero is someone who cares about others and who is admired for having basic human qualities. But Carnegie never cared about them, and he lacked empathy and humanity. Andrew Carnegie wasn’t a hero because he mistreated his workers and he just gave money away to make…

During the mid to late 19th century, the term “Robber Baron” came into use. It was used to describe capitalist men who ran big businesses and allegedly acquired their vast fortunes from questionable and unethical business practices. The unethical practices regularly consisted of exploiting workers, including children, with low wages and long, hard hours in unacceptable working conditions; influencing government and elections, thus furthering the corruption of the government; buying out…

Samuel Slater is known as the “Father of the American Industrial Revolution” and the ‘Father of the American Factory System”. In Britain he was known as “Slater the Traitor” (which has a way better ring to it, in my opinion) because he brought textile technology to America from Britain and modified it for use in the United States. He heard about the American’s interest in developing machines similar to the British machines. He also knew that the British had laws against exporting the designs, so…

that controlled every aspect of steel production. Which at this time time was a huge deal with the need for steel. John Rockefeller was an oil tycoon owning Standard. “By the 1880s, his Standard Oil Company controlled 90 percent of the nation's oil industry”. While both men seemed to buy out competitors and control as much aspects related to their businesses. John Rockefeller seemed to be more cutthroat than Andrew Carnegie. “He drove out rival firms through cutthroat competition, arranging…

were not funded. The book gives a brief overview of the issues within the educational system concerning African-Americans and the ongoing struggle of equality. To be more specific the book states, “Willie uses the problematic aspects of the Rockefeller Foundation’s efforts to illustrate the struggles between African-Americans and major societal institutions when both are ostensibly attempting to improve the educational outcome for black Americans. He concludes that there is no linear…

the influence of John D. Rockefeller. John Rockefeller was an American business man from the nineteenth century. Rockefeller quickly became one of the richest men in America. John Rockefeller’s legacy as the richest man in the oil industry is still with us today. As a young boy, John Rockefeller was a typical American boy that was interested in business. Rockefeller was born on July 8, 1839, on a farm in Richford, New York, to William and Eliza Rockefeller (“John D. Rockefeller,…

The name Rockefeller is synonymous with the nation as one of the most historically powerful and wealthy names in the history of the United States. There are many things that come to mind with such a name. Wealth, control, monopoly, oil and railroad are items that are linked to the name Rockefeller. As John D Rockefeller was an industrialist and a pioneer in many industries, he would also push forward to establish a foundation that would be the betterment of mankind. For such a man to have such…

billion-dollar brand advertises and represents all of the latest and greatest athletes. Phil Knight, the co-founder of Nike, is behind all of this publicity and fame that we see almost everywhere. Believed to be the 20th century version of John D. Rockefeller, Knight’s actions can easily be compared and contrasted to the capitalist techniques of that infamous Robber Baron. These two men shared very similar characteristics that included: ambition, risk taking, and greed. No matter if it is…