English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2006-06-26 17:25:31 · 2 answers · asked by lala3s3 1 in Education & Reference Home Schooling

Provided services for whom the people being stoled from or the people stealing?

2006-06-26 17:35:32 · update #1

2 answers

Captains of industry was simply a nicer way of putting it. Rockefeller would have been an example of this type of businessman in the 19th century or 1800s.

here is some information:

Robber baron was a term revived in the 19th century in the United States as a pejorative reference to businessmen who dominated their respective industries and amassed huge personal fortunes, typically as a direct result of pursuing various allegedly anti-competitive or unfair business practices. The term may now be used in relation to any businessman who is perceived to have used questionable business practices in order to become powerful or wealthy.

The term derives from the medieval German lords who illegally charged exorbitant tolls against ships traversing the Rhine river (see robber baron). There has been some dispute over the term's origin and use. It was popularized by U.S. political and economic commentator Matthew Josephson during The Great Depression in a 1934 book. He attributed its first use to an 1880 anti-monopoly pamphlet in which Kansas farmers applied it to railroad magnates. The informal term captains of industry may sometimes be used to avoid the negative connotations of "robber baron".

2006-06-26 23:58:07 · answer #1 · answered by girlfriday 2 · 0 0

Robber barrons took advantage of situations at the expense of everyone else.
Captains of Industry provide a service.

2006-06-26 17:28:05 · answer #2 · answered by Texas Cowboy 7 · 0 0

fedest.com, questions and answers