Robber Barons in American History
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The period in American history from 1865 to 1900 was marked by a great national expansion, both in physical and economic terms. From the nearly crippled state of a Civil War-racked society, the United States rose to the brink of becoming a world power. Within such a context, contradictions were inevitable: it was the age of Horatio Algerian opportunity for the individual entrepreneur; it was the era of monopolistic repression of the individual laborer and businessman. This paper will examine some of those contradictions found in the lives of three "robber barons" of the era - Andrew Carnegie, John D. Rockefeller, and J. Pierpont Morgan - men whose parallel careers exemplified both the wide-eyed hopes, and close-fisted realities, of that period. Before discussing the individuals, however, examination of the context in which they flourished is necessary. Like all historical periods defined by later observers, the social and economic transformations marking the post-Civil War/pre-20th Century era do not actually fit so neatly into the chosen thirty-five year time frame. True, the Civil War is the great dividing line between the ideals of a nascent experiment in democratic government and the mature, division-scarred political pragmatism that emerged from the battlefields of Gettysburg, Antietam, et al. Still, the identity crisis that the Civil War inflicted upon the nation did little to change the perspective in which the mainstream of Americans viewed themselves througho
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e careers of the great capitalists of the 1865-1900 era, the popular myth has always positioned them firmly within the Algerian standard. Even the so-called "robber barons" - powerful men (see above) whose capitalist gains were attributed to exploitation of a gullible (and/or corrupted) government and a politically powerless labor class - even the excesses of those individuals was popularly attributed to a hunger deriving from their lowly origins. The myth, like most legends, loses a lot in terms of substance when examined closely.
Scotland-born immigrant Andrew Carnegie (1835-1913), first-born of the three robber barons being examined in this paper, comes closest to the Algerian ideal: his family was poor and he did work himself up through the ranks. However, though Carnegie often fondly recounted his rise from poverty as an example for others to follow, his memoirs describe a different origin:
We were not reduced to anything like poverty compared with our neighbors ... my mother ... [kept] us in comfort and "respectable."
Moreover, Carnegie, like his slightly-younger contemporary, the New York State-born John D. Rockefeller (1839-1937), was educated: both future entrepreneurial giants were nurtured in homes that respect
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Civil War, Pennsylvania Railroad, John Rockefeller, Andrew Carnegie, Morgan Carnegie, William Seward's, Rockefeller Mercantilism, Carnegie Rockefeller, Horatio Alger, American Dream, andrew carnegie, civil war, john rockefeller, 19th century, morgan carnegie, york oxford university, oxford university, robber barons, industrial capitalism, joseph frazier, york oxford, university press 1970, oxford university press, andrew carnegie 84, carnegie 84 york,
Approximate Word count = 3297
Approximate Pages = 13 (250 words per page)
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