Wednesday, February 8, 2017
Andrew Carnegie and John D. Rockefeller
Andrew Carnegie was a capitalist. Its not easy to visualize, moreover with surface him breathing life into the American brace manufacturing, we could never be the nation we are today. non only did he knock over the American mega-corporation, hes the epitome of the American success story. Starting as a Scottish immigrant working in the depths of the Pennsylvania railroad fabrication, he clawed his way up to world the richest humanity in America by 1900. He had the foresight to see where conduct would lie in the future, taking the risk of investing in steel in an iron-dominated market. He put in the man-hours and swither to seek out a consistent and cost-effective system to produce the material that would make America into the powerhouse we put one over known for the past atomic number 6 years.\nThe 19th century was the pinnacle of the limitless power that capitalists could cause in Americas free market out front the trust-busting movement at the give of the century . His questionable political influences on with his horizontal and vertical integration completely shut out all competition and middlemen, provide roughly 90% of the steel in the US by 1901. He tried his beat to give back with his increase wealth; founding schools, plan 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, tho he was the embodiment of American capitalism, for both good and bad.\n\n buns D. Rockefeller, Relentless\nThough good-looking oil seems to come up constantly in the news program today, in the late 1800s (before the put up of the automobile) the US oil industry had not yet interpreted off of the ground. Rockefeller could not do entered the oil market at a bett er time, in the 19th century, the oil industry was ...
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