Robber ma tres 1228 words essay

Robber Paladin

Then and Now Robber Ma?tres, a expression used in the late 1800s and early 1900s

to spell out a entrepreneur who built an enormous amount of money, today we would

call these people billionaires. It was not really the simple fact they built an extreme amount

of wealth, it was more the way they achieved it. In all the instances the attaining of

wealth was done in what was deemed a ruthless manor and unscrupulous techniques. A

thief baron was more interested in purchasing wealth than the safety of his

workers, the amount of operate hours performed in a week, or the sum of wage

being paid for a days work. Such as Andrew Carnegie(the robber baron of the

steel industry), he was instrumental in starting the 72 hour work week, paying

away less than reasonable wages and having harmful working conditions. The thief

barons were known for their business tactics that might enable these to amass a

wealth by simply monopolies. They will corner the market on a service or product and

help to make it almost unattainable, accept through them. The type of person was James

W. Duke (robber baron from the tobacco market). James Fight it out started advertising

tobacco coming from his dads tobacco farm building at an early age. He developed a market for

cigarettes though advertising and marketing. When the industry he produced, started developing he

started buying up other cigarette companies to be the only distributor of

the item. James Fight it out eventually produced The Great American Tobacco Company. which

became the biggest dealer of cigarettes on the globe. One thing the Robber

Barons of today and yesterday share is monopolies. If it at all

possible, the Robber Souverain or billionaires as we contact them today, would try to

corner the entire market on the product or service, making it difficult intended for

competition inside their particular sector. James Duke did it by making a market

for cigarettes and cigars and purchasing up his competition therefore he was the most important

company to deliver the product. Toby Carnegie cornered the market on the steel

sector and made the first large rise building. He was the only business in his

field therefore he may set his prices or over his income. Other Thief Barons

in numerous markets had been William Vanderbilt, he monopolized the train business

permitting him to put his own prices to get freight and passage. John D. Rockefeller

monopolized the oil sector with Standard Oil organization. Today AT&T, the

telephone service, before deregulation controlled the vast majority of the phone

providers, thereby monopolizing the phone providers. American Air carriers, there

unethical business methods would travel out competitors from areas they desired

to control by having price battles until the resistance could no longer compete and

would have to close their doors for business. But the biggest and wealthiest of

them all, Costs Gates owner of Microsoft company Corporation made an operating system

for computers to work with and the market to sell that system. Before Bill Gates

came along computer systems were only an educational source. No matter what was programed

into them was retrievable but you could not add info to these people. Basically

these were just a big file pantry. Bill Gates made it to where you can speak with

the computer through adding information to them. This made these people more user friendly and

a very workable tool for personal and organization use. Although just like the Robber

Barons of yesterday Entrance cornered the marketplace for his software simply by orchestrating

an advertising plan that could require pc companies to pay him X quantity of

us dollars for every computer they offered, whether or not the pc had his

software upon it or not. Now if you think about it, the computer businesses had not any

choice but for put his software within the computers that they sold. Sort of sounds like a

monopoly in my experience. Philanthropy Lack of to the Thief Baron coin. For some

not known reason the Robber Ma?tres felt that necessary to give back enormous amounts

of their wealth to the society they took in the event that from, or possibly a better way to place

it is earned it from? It was required for a manner that for the most part

immortalized the giver. For instance James Duke or the Duke Endowment gave cash

to several Colleges. This in turn sooner or later got his name on one, Duke

University in Washington, DC. Duke as well gave money to clinics, childcare

organizations for blacks and whites and the Methodist church. Claire Carnegie

sensed so highly about philanthropy that he was inspired to create the landmark

essay The Gospel of Wealth. Some would claim Carnegie was only to

self louange because he could build and finance your local library but are not able to

supply associated with the much needed literature. Carnegie was quoted while saying, The

man whom dies hence rich passes away disgraced. Just before it was all said and done

through Carnegies charity donor donations, he’d give away practically 350

mil dollars or close to 90% of his lifelong obtained wealth. Other folks

considered philanthropist were, T. P. Morgan, he provided away a vast amount of his

prosperity to various establishments. Henry C. Frick, Claire Carnegies correct hand gentleman

runner of his firms. A millionaire by his own privileges also a philanthropist

who gave a lot of his cash back to society. Perhaps one of the most well known

modern day philanthropist would be George Soros. Soros is accredited intended for giving

aside 1 billion dollars dollars over the matter of days and nights back in 1992. Soros manufactured his

lot of money by investing, but not simply investing in industry as we know this but

buying entire countries and their misfortunate collapse with their

economies. Soros made this billion dollars simply by currency conjecture, betting

correctly on the fall of the United kingdom pound. Soros devoted almost all of his funds

back to East Europe, in which he has set up footings in twenty-five separate

countries. Now whenever we were to take a look at Bill Gates who has been accredited

being the richest person in the world today, we might not view a lot of offering

back to the community. Gates has had some rounds of providing but taking into consideration his

riches one might say it really is trivial. And if you would have been to take a look at the

reasoning at the rear of his giving it would turn up as nonetheless being to his benefit. Such

while giving a tiny amount of computers to the schools in order to allow the learners

access to the internet through his individual proxy server, thereby realizing a profit.

Realization It would seem that a majority of of the Thief Barons of yesterday now

made their money by unscrupulous tactics, or monopolies. These monopolies had been

created by the Robber Souverain themselves through what ever means possible that they

made every single effort to keep their strong hold in their business as long as

possible. Finally, there is a downside to this although they were over bearing in

their organization tactics, going on who ever they had to produce a profit presently there

seem to be some guilt included. For unknown reasons they felt that

necessary to give back a large amount of that profit to better society. Perhaps

this could be regarded as more of all of them feeling just like they could be in control of

man types destiny, or perhaps by giving a thing back the guilt can be lifted for

being and so ruthless in the business world. As far as Bill Entrance goes probably

one day he can wake up and realize enough is enough and become more of a

philanthropist himself.

Bibliography

http://www.biography.com/cgi-bin/biomain.cgi

James B. Fight it out http://www.duke.edu/web/Archives/history/jbduke.html Claire

Carnegie http://www.worth.com/articles/M9611F04.html Andrew Carnegie http://www.worth.com/articles/Z9611C01.html

Struggling with Modern Day Thief Barons http://www.amcity.com/denver/stories/1997/01/27/editorial3.html

Forward Thinking http://www.worth.com/articles/Z9611R.html Return of the Robber

Paladin http://worldpolicy.org/americas/usa/fasttrack.html Costs Gates, Robber

Baron http://www.businessweek.com/1998/03/b3561030.htm Robber Barons

http://econ161.berkeley.edu/Econ_Articles/carnegie/DeLong_Moscow_paper2.html

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