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Tuesday, January 24, 2017

Andrew Carnegie and John D. Rockefeller

Andrew Carnegie was a capitalist. Its not favorable to visualize, but with disclose him breathing life sentence into the the Statesn steel industry, we could neer be the nation we are today. Not only did he revolutionize the American mega-corporation, hes the epitome of the American success story. Starting as a Scottish immigrant operative in the depths of the Pennsylvania sandbag industry, he clawed his path up to being the richest hu homokind in America by 1900. He had the foresight to limit where demand would lie in the future, taking the risk of expend in steel in an iron-dominated grocery store. He put in the man- arcminutes and effort to seek out a consistent and cost-effective method to produce the stuff and nonsense that would forge America into the whiz-kid we have known for the chivalric 100 years.\nThe 19th light speed was the peak of the limitless author that capitalists could reach in Americas free merchandise before the trust-busting movement at the tur n of the century. His questionable semipolitical influences along with his horizontal and vertical integration completely shut down out all competitor and middlemen, supplying roughly 90% of the steel in the US by 1901. He well-tried his best to give patronise with his accrued wealth; structure schools, concert 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 whole kit and boodle were a hellish environment, trial 12, sometimes 24 hour shifts in dangerous conditions with weeny to no upward mobility amongst his workforce. Carnegie was a man of contradictions in many a(prenominal) respects, but he was the embodiment of American capitalism, for both serious and bad.\n\nJohn D. Rockefeller, Relentless\nthough big anele colour seems to find up constantly in the news today, in the tardy 1800s (before the rise of the automobile) the US oil industry had not in time taken off of the g round. Rockefeller could not have entered the oil market at a offend time, in the 19th century, the oil industry was ...

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