Robber Barrons

The late 19th century witnessed a major transmute in the nature of industrial production. The rapidly expanding economy spawned im workforcese fortunes and created a new industrial elite. Americans generally admired the transaction leaders of the age, portraying them as great industrial statesmen. Scholars and philosophers of the fourth dimension agreed that business leaders success was due to their captain intelligence and leaden work. Although nowadays many believe that such(prenominal) business leaders were robber barons who took advantage of the American popular to build personal fortunes there is no point joust that they have revolutionized the American industry and contributed to making the United States an economical superpower. Developed by English philosopher Herbert Spencer and p striveed in the United States by Yale professor William Graham Sumner (Document G), Social Darwinism supported Charles Darwins theory of the endurance of the fittest onto laissez faire. Social Darwinists believed that in an unrestricted economy power would proceed to the most capable. Thus, the most intelligent and hardworking people would reach the top of the economic ladder and lead the American economy. many a(prenominal) believed that the men who were lavish acquired their wealth through being honest, thence trustworthy.

?ninety-eight out of one hundred of the rich men in America are honest. That is why they are rich, that is why they are trusted with money (Document E). Russell Conwell believed that the men who get rich may be the most honest men you take chances in the community therefore it was a persons object lesson duty to obtain success, for only those who did not work hard enough failed to succeed. (According to Conwell) As the industrial statesmen built their personal fortunes they also made many positive contributions to the American society. Most Americans enjoyed the higher(prenominal) standard of living, improved technology, more jobs, and greater opportunities. Moreover real business leaders felt obligated to give bear to the... If you want to get a full essay, order it on our website: Orderessay

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