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In the 19th century, a captain of industry was a business leader whose means of amassing a personal fortune contributed positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy . [ 2 ]
In academia, the education division of the National Endowment for the Humanities has prepared a lesson plan for schools asking whether "robber baron" or "captain of industry" is the better term. They state: In this lesson, you and your students will attempt to establish a distinction between robber barons and captains of industry.
Business is the making of profits; industry (or the "machine process") is the making of goods. "The captains of industry" (i.e., capitalists or "robber barons") curtailed production in order to keep prices and profits high. The worst fears of businessmen was a "free run of production" which would essentially collapse all profits.
A business magnate, also known as an industrialist or tycoon, is a person who has achieved immense wealth through the creation or ownership of multiple lines of enterprise.
Carlyle contributed to the awakening of social conscience among the reading public and understood the social and political importance of literature. He attacked the growing materialism of Victorian society and its laissez-faire doctrine. In his attacks on the wealthy, Carlyle anticipated some of the ideas of the condition-of England novels.
The Village People’s lyricist and lead singer has hit out at the “false assumption” that the band’s biggest hit, “YMCA,” is a “gay anthem.”
Eber Brock Ward (December 25, 1811 – January 2, 1875) was an American industrialist, iron and steel manufacturer, and shipbuilder.. Ward invested in several industries in Michigan and the Midwest.
The last image we have of Patrick Cagey is of his first moments as a free man. He has just walked out of a 30-day drug treatment center in Georgetown, Kentucky, dressed in gym clothes and carrying a Nike duffel bag.