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John d rockefeller captain of industry
Background of unions in America
Effect of trade unions in the economy
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Two Major Unions in America
Unions in America were created to improve the working conditions of its labor force. These labor force consisted of the men, women, and children that were employed by the owners of industry. Many unions were established in the early 1800s, but due to the widespread fear of socialism and the repression from the courts, the majority of them eventually failed. Most capitalist, at the time, felt there was no need to share with its employees the profits of their businesses (Murrin et al. 2002:685-702). Management, for the most part, paid little attention to salary and provided few, if any, safety measures and health protection for the people actually doing the work. Employees worked long hours weekly, often twelve or more daily. These abuses and corruptions by owners towards the working-class were some of the reasons why the U.S. Department of Labor, the Industrial Workers of the World, and the American Federation of Labor came into existence.
John D. Rockefeller and J.P. Morgan, to name a few, started their fortunes during the 1800s. The methods used by these men to get rich stirred people to refer to them as “robber barons.” Rockefeller formed Standard Oil after buying several oil refineries with the enormous profits he made during the Civil War. Similarly, J.P. Morgan had his hand in creating several of the major industries of the day, which included investment banking, General Electric, and International Harvester (Murrin et al. 2002:685-686). The successes these men experienced were usually attained at the expense of the common laborer. With their wealth and influence, even the anti-trust government laws of the time that were supposed to dissolve monopolies, were used as weapons agai...
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...ions. New York: Henry Holt and Company, 1914: BoondocksNet Edition, 2001. Retrieved April 9, 2003 http://www.boondocksnet.com/editions/marot/
Murrin, John M., Paul E. Johnson, James M. McPherson, Gary Gerstle, Emily S. Rosenberg, and Norman L. Rosenberg. 2002. “An Industrial Society.” Pp. 685-686, 701-702, 704 in Liberty Equality Power. Harcourt College Publishers, 6277 Sea Harbor Drive, Orlando, FL.
Summary of the Major Laws of the Department of Labor.” U.S. Department of Labor. 9 Apr. 2003. Retrieved April 9, 2003 http://www.dol.gov/opa/aboutdol/Lawsprog.htm
This is the AFL-CIO. 2003. Retrieved April 9, 2003 http://www.aflcio.org/aboutaflcio/about/thisis/index.cfm
“Who was Samuel Gompers, Anyway?” Samuel Gompers Papers Project. 2003. Retrieved April 9, 2003 http://www.inform.umd.edu/EdRes/colleges/ARHU/Depts/History/Gompers/page6.html
Carnegie, Rockefeller, Morgan, and Vanderbilt all had something in common, they were all “Robber Barons,” whose actions would eventually lead to the corruption, greed, and economic problems of Corporate America today. During the late 19th century, these men did all they could to monopolize the railroad, petroleum, banking, and steel industries, profiting massively and gaining a lot personally, but not doing a whole lot for the common wealth. Many of the schemes and techniques that are used today to rob people of what is rightfully theirs, such as pensions, stocks, and even their jobs, were invented and used often by these four men.
The captain of industries were businessmen who also benefitted society through their accumulation of wealth, using methods such as increased productivity, the expansion of markets, offering up new jobs to the working class, and other acts of generosity. All of the notable industrialists dubbed “robber barons” were also named “captain of industries” as well. Therefore, there have been many debates as to whether the term “robber barons” really did justice to the industrialists, when taking into account of their effects on America’s economy, and not just the negative aspects. While the robber barons did harm specific groups of people in order to meet their selfish goals, as well as execute ruthless tactics to surpass their competitors, they have also created an economic boom in which they created larger manufacturing companies, created many employment opportunities for the working class. Even though robber barons went to extreme measures and harmed others in their pursuit of wealth, they have also, and built a stable and prosperous
During the nineteenth and twentieth century monopolizing corporations reigned over territories, natural resources, and material goods. They dominated banks, railroads, factories, mills, steel, and politics. With companies and industrial giants like Andrew Carnegies’ Steel Company, John D. Rockefeller’s Standard Oil Company and J.P. Morgan in which he reigned over banks and financing. Carnegie and Rockefeller both used vertical integration meaning they owned everything from the natural resources (mines/oil rigs), transportation of those goods (railroads), making of those goods (factories/mills), and the selling of those goods (stores). This ultimately led to monopolizing of corporations. Although provided vast amount of jobs and goods, also provided ba...
Rockefeller was the founder of the Standard Oil Company who utilized horizontal integration to dominate the oil industry; Rockefeller was another capitalist considered to be a “robber baron” of industrial America between the time period of 1865 and 1909 who acquired a great amount of wealth. This money was acquired with the usage of cutthroat tactics that disadvantaged his competitors immensely; Rockefeller did anything to increase his own wealth. He ran competitors out of business, lowered his prices drastically in places where competition was rough, and even threatened companies into bankruptcy, such as Ida Tarbell’s father’s business. Rockefeller believed that industrial combinations were a necessity and firmly believed in them being of benefit to the public (Doc. 6). James B. Weaver, a Populist presidential candidate, however, {disproves} this alleged belief that trusts were for the benefit of the public {theory} in his book A Call to Action by stating that trusts are the product of “threats, intimidation, bribery, fraud, wreck, and pillage” (Doc. 3). He further discredits trusts by providing an example of how the Oat Meal Trust in 1887 proved to be extremely unfortunate for and to the disadvantage of the laborers at the mills who lost their jobs (Doc. 3). This shows that the trusts that Rockefeller thrived on and made Rockefeller wealthier, though advantageous for consumers and Rockefeller himself, could often be to the disadvantage of the laborers. Rockefeller
They concentrated on higher wages, shorter hours, and personal issues of workers. The American Federation of Labor’s main weapon was walkouts and boycotts to get industries to succeed to better conditions and higher wages. By the early 1900’s, its membership was up to ½ million workers. Through the years since The Great Depression, labor unions were responsible for several benefits for employees. Workers have safer conditions, higher paying jobs to choose from, and better benefits negotiated for them by their collective bargaining unit.
Charles-Émile Trudeau was a Conservative, and several of his friends belonged to the Liberal Party. When his father’s friends were visiting at their Lac Tremblant cottage, Pierre was exposed to political debates and rivalries at an early age. He found politics interesting, but could not understand much of it. His father invested in successful several companies at the beginning of the...
Union affiliation was first seen in the 1600’s when the roots of the United States were just being planted with skilled trade groups such as artisans, laborers, goldsmiths and printers. Over the next two hundred years, unions developed their desires for higher wages through the use of strikes and protests. The nation’s progress spurred the need for more labor and so began the Industrial Revolution. During the Revolution, many union members began to witness the power that employers had and as a result decided to make use of the concept of power in numbers. The National Labor Union formed in 1866 and worked to persuade congress to set a Federal eight-hour workday, which applied to government employees (Miller). Many large unions formed following in the NLU’s footsteps and uni...
Industrial development of the late 18th century (around 1865-1900) is often characterized by it’s affluent, aggressive and monopolistic industrial leaders of the likes of men such as Andrew Carnegie, William H. Vanderbilt, and John D. Rockefeller. Due to their ruthless strategies, utilization of trusts, and exploitation of cheap labor in order to garner nearly unbreakable monopolies and massive sums of wealth, these men are often labelled as “robber barons”. At the same time, they are also often referred to as “industrial statements” for their organization, and catalyst of, industrial development; not to forget their generous contributions to the betterment of American society. Therefore, whether or not their aforementioned advances in industry were undertaken for their own personal benefits, one cannot ignore their positive effects on America. Thus, one can conclude that not only were the captains of industry both “robber barons” and “industrial statements”, but that that these two labels, in fact, go hand-in-hand.
The unions of disunion were not only a major detriment to increasing the socio-economic standards of the laborer from 1875 to 1900, but also served to backpedal on the progress laborers had already gained out of respect. Perhaps the cornerstone of the unions’ policies was the fight for the improved working hours, specifically and eight hour work day, and increased wages for the laborer. However, Historical Statistics of the Unites States on Hours and Wages of Industrial Workers from 1875 to 1891 proves that no such improvements truly occurred. In fact, only a nominal 3.3 cent increase in wages from 1875 to 1891 occurred, and while it some may argue that the unions are then successful in achieving some increase in wages it is crucial to realize that this nominal increase came at the cost of hundreds, if not thousands, of laborer lives. Certainly a meager 1% increase in wages does not justify such loss of life, and if it is claimed that it does then that is also to warrant the trusts right to pay their laborers so little, as anyone who condones such little increase at such high costs automatically degrades the value of the life of the worker and thus reinforces the trusts’ right to combat unions. Furthermore, it should be noted that the average price of wages through those sixteen years was a measly 161.8, a decline of 8 whole cents from the starting point. Thus we can see that unions did not really gain 3.3 cents in wages, but rather caused a net loss of 8 cents. To even attempt to claim improvement for the laborer would be a completely ludicrous notion. Unfortunately for the laborer, the unions of disunion’s extent of their plight did not stop at the ruining of the worker’s economic position through the loss of wages, but also thr...
Canada is known by outsiders to be a very peaceful country. But if you ask any Canadian they well tell you that is unfortunately not the case. For there is a large ongoing conflict between Canadians. The conflict is between the French and the English, or more specifically between Quebec and the rest of Canada. As a result of this conflict, along with some wrongdoing and propaganda. Quebec has considered and has gone as far to hold referendums over Separatism (Surette,2014). Separatism is that the province of Quebec separates from the rest of Canada to form its own country. Which would have immense effects on indubitably Quebec but also the rest of Canada (Martin, 2014). This report will focus on the root causes and origin of Quebec Separatism, the current state of Quebec Separatism and finally how we as a society can act towards Quebec Separatism.
Newman, Garfield et al. Canada A Nation Unfolding. Toronto: Mc Graw – Hill Ryerson Limited, 2000.
government, t. p. (n.d.). Quebec Nationalism - Quebec History. Faculty.marianopolis.edu. Retrieved May 27, 2012, from http://faculty.marianopolis.edu/c.belanger/quebechistory/events/natpart4.htm
U.S. Labor History Unionism can be described as "a continuous association of wage-earners for the purpose of maintaining or improving the conditions of their employment" (Smelser). This means that a group of workers can unite to gain more power and leverage in bargaining. The bargaining process may include many aspects but usually consists of wages, benefits, terms and conditions of employment. The notion of union came about in the 1700's. In the beginning, as it is today, workers united to "defend the autonomy and dignity of the craftsman against the growing power of the company" (Montgomery).
John D. Rockefeller, born on July 8, 1839, has had a huge impact on the course of American history, his reputation spanning from being a ruthless businessperson to a thoughtful philanthropist (Tarbell 41). He came from a family with not much and lived the American dream, rising to success through his own wit and cunning, riding on the backs of none. His legacy is huge, amassing the greatest private wealth of any American in history. Rockefeller’s influence on our country has been both a positive and a negative one, he donated huge sums of money to various public institutions and revolutionized the petroleum industry. Along with all the positives to the country, Rockefeller also had many negative affects as well, including, by gaining his riches by means of a monopoly, often using illegal methods, by giving others a reason to frown upon capitalism, and by hurting smaller businesses.
characterizes the capitalists who shaped post-Civil War industrial America and it is valid that they would be properly distinguished as corrupt “robber barons”.