Captains of Industry

A detailed Summary of Captains of Industry

It was the Roman emperor and philosopher Marcus Aurelius who said, "A man's worth is no greater than the worth of his ambitions." The truth of this statement is expands far past the ruins of an Ancient Rome and into the coffers of those great businessmen of America who changed the face of commerce in this country during the latter years of the nineteenth century and on into the twentieth century. Men such as Cornelius Vanderbilt, Andrew Carnegie, and the colossal John D. Rockefeller represent the age where a young nation stretched its legs into the long fitting pants of capitalism. Many saw these giant men of commerce as robber barons, manipulators of huge monopolies that preyed on the public. Still many view them as pioneers of American business or "Captains of Industry". At the time, the practices that these men used to exercise their industrial muscles were many times over bearing and illegal by the standards and laws of the present, but the empires that were built by these!

trailblazers shaped the landscape of commerce forever. These men were obviously captains of industry, building immortal fortunes and names. To completely understand the impact of their works, individual attention must be paid to those ambitious men who pe

Finally, if Vanderbilt and Carnegie were "Captains of Industry", then this next man was the Admiral of the Fleet. His name was John D. Rockefeller, a name which also means American money, power, and most importantly, oil. Born to a poor family, Rockefeller became a successful businessman at the age of nineteen. After many business ventures and further investments, Rockefeller organized the Standard Oil Company of Ohio in 1870. Ignoring much of modern business ethics, Rockefeller amassed control of ninety five percent of the nations oil by the year 1877. He owned his oil refineries nationwide as well as the places his oil was sold, and the modes of transportation that got his oil to and fro. Truly monopolizing the market, Standard Oil brought Rockefeller wealth and power. Falling pray to new government regulations, the Rockefeller empire was broken up in to different companies by the government. Splitting Standard Oil did not entirely split John D. Rockefeller, who by his death!

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ic, Vanderbilt is best remembered as the major contributor to the university that bears his name, Vanderbilt University.

The Captains of Industry forged the way for the United States of America and Her growing economy. That way was made of railroad, steel, and oil. These giants forced new trends in business, which paved the path for the predecessors. Many of their tactics were not as ethical as

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Approximate Word count = 980
Approximate Pages = 4 (250 words per page double spaced)

Category: History