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Robber baron (industrialist)

Robber baron is a term first applied as social criticism by 19th century muckrakers and others to certain wealthy, powerful, and unethical 19th-century American businessmen. The term appeared in that use as early as the August 1870 issue of The Atlantic Monthly[1] magazine. By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth.[2] Those practices included unfettered consumption and destruction of natural resources, influencing high levels of government, wage slavery, squashing competition by acquiring their competitors to create monopolies and/or trusts that control the market, and schemes to sell stock at inflated prices to unsuspecting investors.[2] The term combines the sense of criminal ("robber") and illegitimate aristocracy (“baron”) in a republic.[3]

This article is about the U.S. practice. For the feudal practice, see robber baron (feudalism).

(real estate, fur) – New York

John Jacob Astor

(steel) – Pittsburgh and New York

Andrew Carnegie

(finance) – Philadelphia

Jay Cooke

(railroads) – California

Charles Crocker

(oil) – California

Edward L. Doheny

(finance) – New York

Daniel Drew

(tobacco, electric power) – Durham, North Carolina

James Buchanan Duke

(finance) – New York

James Fisk

(Standard Oil, railroads) – New York and Florida[26]

Henry Morrison Flagler

(steel) – Pittsburgh and New York

Henry Clay Frick

(barbed wire, oil) – Texas[27]

John Warne Gates

(railroads) – New York[28]

Jay Gould

(railroads) – New York[29]

E. H. Harriman

(fuel, coal, steamboats, railroads) – St Paul, Minnesota

James J. Hill

(railroads) – California, Virginia, West Virginia

Collis Potter Huntington

(finance, oil) – Pittsburgh

Andrew Mellon

(finance, industrial consolidation) – New York

J. P. Morgan

(Standard Oil) – Cleveland, Ohio

John D. Rockefeller

(Standard Oil, copper), New York[30]

Henry Huttleston Rogers

(public transit, tobacco) – New York

Thomas Fortune Ryan

(finance, railroads) – New York

Russell Sage

(steel) – Pittsburgh and New York

Charles M. Schwab

(railroads) – California

Leland Stanford

(water transport, railroads) – New York[31]

Cornelius Vanderbilt

(public transportation) – Philadelphia, Pennsylvania

Peter Widener

(street railroads) – Chicago[32]

Charles Tyson Yerkes

Individuals identified in Josephson's Robber Barons (1934):


Identified as "robber barons" by other sources:


Contemporary:

Business magnate

Business oligarch

Media proprietor

. (2008). Age of Betrayal: The Triumph of Money in America, 1865–1900 Vintage Books. ISBN 1400032423

Beatty, Jack

Bridges, Hal. (1958) "The Robber Baron Concept in American History" Business History Review (1958) 32#1 pp. 1–13

in JSTOR

Burlingame, D.F. Ed. (2004). Philanthropy in America: A comprehensive historical encyclopaedia (3 vol. ABC Clio).

Cochran, Thomas C. (1949) "The Legend of the Robber Barons." Explorations in Economic History 1#5 (1949) .

online

Fraser, Steve. (2015). The Age of Acquiescence: The Life and Death of American Resistance to Organized Wealth and Power . ISBN 0316185434

Little, Brown and Company

Harvey, Charles, et al. "Andrew Carnegie and the foundations of contemporary entrepreneurial philanthropy." Business History 53.3 (2011): 425–450.

online

Jones, Peter d'A. ed. (1968). The Robber Barons Revisited (1968) excerpts from primary and secondary sources.

Marinetto, M. (1999). "The historical development of business philanthropy: Social responsibility in the new corporate economy" Business History 41#4, 1–20.

Ostrower, F. (1995). Why the wealthy give: The culture of elite philanthropy (Princeton UP).

Ostrower, F. (2002). Trustees of culture: Power, wealth and status on elite arts boards (U of Chicago: Press).

Josephson, Matthew. (1934). The Robber Barons: The Great American Capitalists, 1861–1901

Taylor, Marilyn L.; Robert J. Strom; David O. Renz (2014). . Edward Elgar. pp. 1–8. ISBN 978-1783471010.

Handbook of Research on Entrepreneurs: Engagement in Philanthropy: Perspectives

Wren, D.A. (1983) "American business philanthropy and higher education in the nineteenth century" Business History Review. 57#3 321–346.

. (2005). "Chapter 11: Robber Barons and Rebels" from A People's History of the United States Harper Perennial. ISBN 0060838655

Zinn, Howard

. Moyers & Company. December 19, 2014. Interview with historian Steve Fraser

Full Show: The New Robber Barons

EDSITEment lesson from National Endowment for the Humanities

Industrial Age in America: Robber Barons or Captains of Industry

- Daniel Sheehan, University of California Santa Cruz, "The Trajectory of Justice in America 2019, Class #5"

Robber Barons, Oil, and Power from 1860

college-level lectures on Robber Barons