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  • Essay / A Study of the Captains of the Industrial Revolution Carnegie, Rockefeller and Others

    The Industrial CaptainsThe Industrial Age was full of economic billionaires who achieved their status through innovation and the use of new technologies. Most people say that these industrial giants were monsters using low-paid labor like slaves to achieve high status, but the truth is that they are ignorant. The industrial captains of Carnegie and Rockefeller's lifetime were the beginning, or spark, of innovation that led to a series of new inventions that transformed our society into one less based on friendly relationships with family and friends. friends, but socially based on wealth and use. of technology. Carnegie, Rockefeller, and other industrial giants of their time were captains of society who helped our economy through their innovation, success, and giving. Say no to plagiarism. Get a Custom Essay on “Why Violent Video Games Should Not Be Banned”?Get an Original EssayCreating a new product that expands nationally and makes a lot of money is not easy, as proven simply the statistic that 8 out of 10 businesses fail within the first 5 years. Rockefeller managed to create a small oil company and grow it to become the largest oil transporter in the country. He used the country's natural resources and necessary imports to create what the country needed, which ended up helping the American government and people (johndrockefeller.org). Carnegie started as a poor immigrant and became one of the richest entrepreneurs of his time. He saw opportunities and, after the Civil War, started his own steel industry, something no one had thought of. Ultimately, the innovation was born after the Civil War and has been passed down from generation to generation until today. Both Rockefeller and Carnegie achieved great success, not only for their time but also for the future. Carnegie, after making a lot of money, moved in and pretty much developed his own philosophy. He created the idea that successful businessmen should play an important role as philanthropists. He wrote a book called The Gospel of Wealth that inspired Bill Gates to donate billions to charity, just as Carnegie himself did. Rockefeller became the first billionaire, which of course is a direct measure of his success (biography.com). He established an oil company which would later attract the interest of different entrepreneurs to start their own oil business and generate large profits. Innovation and success may be the key to profits, but do they always follow modern morals and mores? One of the most sought-after actions is donating, especially large sums of money. Rockefeller and Carnegie were strong proponents of "dying without money", which is why they donated a lot of money. They followed the ideal of being philanthropists, which means that they seek the well-being of others including donating a lot of money. Rockefeller ended up giving around $550 million. Carnegie donated over $56 million simply to create libraries he believed were important to society, which again followed the modern social morality of being a good person. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get Carnegie, Rockefeller and other industrial giants of their era were captains of society who helped.