Rockefeller of Standard Oil a Robber-Barron or was he a Captain of Industry. There have been split arguements over this matter; some people called Rockefeller a Captain of industry, because he earned his fortune through ingenuity and hard work. On the other hand, some believed that he was a Robber-Barron, In that they thought he was a ruthless man that used unjust means to make his fortune. Rockefeller goes down as a Captain of industry, because he was able to innovate industrial history with his ingenious strategies and at the same time he was able stay a noble person.
As historian Allan Nevins wrote, "It is plain that the place Rockefeller holds in American Industrial history is that of a great innovator." Starting out with nothing, Rockefeller was able to build himself up to become the biggest industrial innovator of his time. Rockefeller found that the oil refining business was highly disorganized. Fortune was being made and lost overnight as the price of oil fluctuated. He thought the reason for this was from competition of thousands of other small producers and small refiners. Rockefeller had a vision of combination and order in his oil industry. He introduce a new organization that would change the course of his company and industrial history. To end his competition he started to slowly buy out some of the small producers and refiners. One strategy that he used, which brought hatred upon him, was the rebate on freight charges. This made his oil cheaper to transport and at the same time he would know were all the destinations of all his competitors" shipments. As a result he was able to buy out all but five companies in Cleveland. This may have been one of the bad side of Rockefeller, but it was a brilliant strategy that manipulated the Industry and recieve what he had been working for. Not everyone in history achieves great fortune without cheating a little.
Standard Oil and 19th Century Business John Davidson Rockefeller (1839-1937) was the founding father of one of the strongest corporations in the history of the business world. ... This drastic demand for oil products helped John D. ... John Davidson Rockefeller died on May 23, 1937 and left behind blueprints of business techniques for the generations to come. ... "John D. Rockefeller; 1839-1937". ...
Rockefeller "Rockefeller, John Davison (1839-1937), was an American businessman,... who made a fortune in the petroleum industry, and became famous for his philanthropy (charity)." ... The Standard Oil Company was first known as the Standard Oil Company of Ohio in 1862 when John D Rockefeller first went into the oil business, but the name was changed to the Standard oil company in 1870 when Rockefeller and some business partners bought most of the oil refineries in Cleveland, New York and other cities. ... "(835) This made Rockefeller a wealth man, In addition to being the head of one of ...
John D. ... John Rockefeller was born to a large family on July 8th, 1839 in Richford, New York. ... His father would take long trips away from the family for his business, therefore John became very close to his mother. ... John didn't let this success get to his head and his beliefs and religion helped keep him grounded. ... John Rockefeller was one of the biggest philanthropists of the Gilded Age. ...
John D. Rockefeller was born on July 8, 1839 in New York. ... Rockefeller lived in a modest environment and attended Central High School in Cleveland. ... Rockefeller bought the refinery for $72, 500 and with Andrews, created Rockefeller & Andrews. ... Rockefeller helped many organizations and donated mass amounts of money for charitable purposes. ...
Three of the biggest business leaders in the late nineteenth century were Andrew Carnegie "the steel king", John D. Rockefeller "the oil baron" and J. ... At a time when oil industry was one of the most striking developments of the years, John D. ... Rockefeller rarely showed any mercy, and just sought power. ... Rockefeller was aggressive and constantly went after money. ...
In reference to an image created by John Gast called "American Progress " created in 1872 depicts Native Americans fleeing the land due to the progression of industrialization which changed their lifestyles (John Gast, American Progress, 1872, Library of Congress). ... People like John D Rockefeller who used unfair methods to gain an upper hand in business became wealthier leaving some middle class or even poor. ... Rockefeller has systematically played with loaded dice, and it is doubtful if there has ever been a time since 1872 when he has run a race with a competitor and started fair"" (Ta...
