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Essay on Robber Barons, the Birth of the Entrepreneurs
Thesis Statement
Robber Barons, a term used in the late 1800s and early 1900s to describe a businessman who made an enormous amount of money, today we would call them billionaires. It was not really the fact they made an extreme amount of wealth, it was more the way they made it.
Introduction
To what extent was it justified to characterize the industrial leaders of the 19th century as either robber barons or industrial statesmen? The Gilded Age was a century marked as having capitalism, corruption, and crude displays of wealth. The owners of the large companies put on the crude displays of wealth. Although some of the business owners wanted the workers to get rightfully paid for their labor (Tarbell, 89-96).
The following will explain how business leaders either thought too much of their own money to see how they were corrupting the business market, or how they were strong in their leadership for the progress of their company. Mark Twain named the Gilded Age, gilded meaning covered with gold. He believed that most of these business owners were robber barons and lived for the making of their own money. How these owners went about making their profits, he said, what is the chief end to a man? To get rich in what way? Dishonestly if we can, honestly if we must. What he meant was millionaires like Carnegie, Rockefeller, and Vanderbilt dishonestly received their high income to be successful and rich (Knowles, 55-57).
The trusts are monopolies that the companies organized to get rid of their competitors. The main weapons of trusts are threats, intimidation, bribery, fraud, wreck, and pillage. All those in favor of the trusts are robber barons. They try to manipulate other companies and destroy their existence. Very little do invest in trusts to help their companies greatly, but for a good cause only....
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