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The american dream
The advantages of the American dream
The american dream
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From Rags to Riches : The American Dream The American dream is the idea of prosperity and achieving success through determination with the abundance of resources and opportunities provided in the United States. This idea is what every person works for in their lifetime. Three men made it very clear that the American dream was possible starting with very little. Throughout the Gilded Age in American history, Industrialists Andrew Carnegie, John D. Rockefeller, and Cornelius Vanderbilt sought the American dream through wealth and greed by taking advantage of the workplace but also advanced society by providing opportunities. Andrew Carnegie climbed the ladder of wealth by taking advantage of his workers in order to achieve the American dream. …show more content…
Rockefeller took advantage of the workplace through his concealment of information. Like many Rockefeller had his flaws, “ his financial triumph originated in his strange genius for concealment”( Morrow). The more money one had during that time period, the easier it was to bury information that could destroy you. He was very secretive about his business transactions, meaning he had something to hide. Rockefeller dodged the press at all costs for example ,“In 1914 thirteen women and children died in the Ludlow massacre during a strike at the Rockefeller coal mine in Colorado” (Morrow). When being questioned Rockefeller did not acknowledge the situation and gave no statement. What were they striking for? They were striking for was better work conditions and better pay that were not given to them. He never faced the press instead he hid in his mansion worth millions of dollars while his workers worked for the minimum in order for Rockefeller to keep his American Dream …show more content…
in many different ways allowing them to achieve the American Dream of wealth and greed. Carnegie's mass production of steel made it possible for the creation of skyscrapers to be built creating jobs and business opportunities for companies. He donated millions of dollars to the poor in order to help them break the cycle of poverty. Rockefeller's strong work ethic created the biggest oil company in which allowed an abundance to be ready for use in the United States. It allowed for new methods for the use of oil to be created. Vanderbilt the railroad king shortened travel time within the US and made it cheaper. He made it possible for the common man to get around more efficiently and use the transportation system. They all had in common that they created an abundance of jobs in the workplace and gave away big parts of their fortunes. Their advancement of society allowed them to achieve success because they created solutions to problems that needed to be
Cornelius Vanderbilt was a captain of industry. He came from a poor family and turned into a captain of industry controlling 85% of rail road and inspiring others to follow suit. He did many great things and not so great. Went from making a steamboat ferry to Grand Central Station. By the end of his life he had more than $100 million dollars.
The american society will not look like this today without Andrew Carnegie, John D. Rockefeller and JP Morgan. They took astonishing risks to attain that success. They created an innovation that no one could ever imagine. Andrew Carnegie, John D, Rockefeller and JP Morgan, are the empire builders and pillars of American Society because they have changed the way we think and created a new way of living.
True, Andrew Carnegie and John D Rockefeller may have been the most influential businessmen of the 19th century, but was the way they conducted business proper? To fully answer this question, we must look at the following: First understand how Andrew Carnegie and John D. Rockefeller changed the market of their industries. Second, look at the similarities and differences in how both men achieved domination. Third and lastly, Look at how both men treated their workers and customers in order achieve the most possible profit for their company.
Andrew Carnegie, the “King of Steel”, the benevolent employer, the giant of industry, was among the greatest influences of the second industrial revolution. It is sometimes questioned whether Carnegie was the ruthless, sneaky steel tyrant some made him out to be, or the generous, benevolent education benefactor he appeared to be. I believe him to be a combination of both, but more so the great giant of industry.
The industrial leaders, Robber Barons, of the 19th century are men who are very respected and admired. Andrew Carnegie was a boy from Scotland who came over to this country with nothing. He continued to save and work his way up in the industry until he had complete control over the steel industry. John D. Rockefeller was also one who came from an ordinary home. When he saw an opportunity, he took it, along with the risks. He came to control the oil industry. Another man that took many opportunities to expand and grow was Cornelius Vanderbilt. These men saw what they needed to do to become successful and they did it. These men's' lives reflected the Darwinian ideology of the times, "survival of the fittest".
...interpretations of their assumption of millions of dollars. Due to their appropriation of godlike fortunes, and numerous contributions to American society, they simultaneously displayed qualities of both aforementioned labels. Therefore, whether it be Vanderbilt’s greed, Rockefeller’s philanthropy, or Carnegie’s social Darwinist world view, such men were, quite unarguably, concurrently forces of immense good and evil: building up the modern American economy, through monopolistic trusts and exploitative measures, all the while developing unprecedented affluence. Simply, the captains of late 19th century industry were neither wholly “robber barons” or “industrial statesmen”, but rather both, as they proved to be indifferent to their “lesser man” in their quests for profit, while also helping to organize industry and ultimately, greatly improve modern American society.
The want for wealth saturates everyone’s mind at one point or another. Almost everyone dreams of having the large mansion near the beach, the multiple cars, etc., but this money does not just come, it either has to be inherited or earned. During the 1800s, most wealth was inherited, but there were a few self-made men that worked their way from the bottom to the top in order to become wealthy. One man in particular influenced wealthy men to come like Andrew Carnegie and Rockefeller. He was able to begin many of the ideas brought about during the Gilded Age because not only was he a major influence in society, but he greatly changed the economy and the industries he was involved in during that time. Lastly, he modernized commerce for businessmen to come. Cornelius Vanderbilt has become one of the most famous names in American history because of the everlasting positive changes he introduced to the country. Cornelius Vanderbilt was an inspiration for future wealthy personas of the Gilded Age because he fought to limit competition in the developing railroad and steamboat industries; his tactics in these industries lead him to great wealth, which helped him wield enormous power and influence over the American economy and politics.
John D. Rockefeller and other members of his family produced the fuel that powered America and Europe. In fact, 85% of the world's kerosene supply was produced in a company of Rockefeller's in Pennsylvania. J.P. Morgan, a giant in finance was equally successful by capitalizing small businesses and taking private corporations public. His genius for investing and financing was known world-wide. Because of Morgan and investors like him the American economy grew at a rate that the world had not seen before. His "Gentlemen's Agreement" brought stability to a railroad industry that was unstable because of it's incredible growth. The agreement regulated rates, settled disputes and imposed fines for companies that did not abide by the terms of their contracts. J.P. Morgan helped create a centralized banking system and paved the way for what was to become The Federal Reserve. Henry Ford a corporate giant in transportation built the Ford Motor Company and
The American dream can be defined as the promise of living in America with opportunities for all, regardless of social class, and according to their ability and effort (Schnell, 2010). Proponents of the American dream believe that there is equal opportunity for all in the American society to achieve success. Success is not pegged on social status, race, or creed, but rather on an individual’s own efforts. The definition of the American dream has unique interpretations to different people. The most common meaning is that of a life of abundance and prosperity, characterized by economic rewards that enable one to live a middle class life of comfort. Here, success is measured by material possessions such as beautiful homes, cars, a high income, and the ability to spend on luxury items. America is considered a land of plenty, and as such, many who come to the United States in search of the American dream have this form of success in mind.
Growing up as a young boy in Scotland, Carnegie's family was not very wealthy. They immigrated to America where Carnegie went from working as a bobbin boy, making $1.20 per hour, to making millions of dollars later in his life. Carnegie did not become wealthy by unethical means, as a Robber Baron would. Instead he worked very hard and wise to get to where he was during that time. Andrew Carnegie came from "rags to riches" in his lifetime and it paid off.
People like Andrew Carnegie, John D. Rockefeller, and J.P. Morgan are men who possessed the intellect, the foresight, and most importantly the work ethic to become powerful industrialists. These men displayed their work ethic to the country by being ruthless and tireless. They started something so important that a hundred years later it is still making a huge contribution to our country (Maury Klein pg. 32). What they started was the industrial revolution. Today our country is the most powerful in the world because of our great wealth.
Achieving the American Dream has been the ideal for people living in the United States for decades. People believed that the way to get there was through hard work, also known as the “Protestant work ethic”. The American Dream can vary depending on the person. Some people think that owning a house with a white picket-fence is the American Dream while others think that it is becoming a celebrity with a lot of money.
What is the American Dream? There are a myriad of aspects to it, but one general idea: the ideal life. It is making a lot of money, being respected, and triumphing difficult situations. The American Dream has been pursued by many, but only few make it all the way.
The United States has come to be known as a major world superpower throughout history. One of the main parts of America that has contributed to its renowned strength has been its economy. The United State’s economy has been growing ever since it began. Credit for its strength and progress in development can be attributed to the financial geniuses of their time. John D. Rockefeller became an economical giant during his time when he changed the face of business by developing ground-breaking new strategies to ensure financial success. Rockefeller dramatically changed the business field during The Gilded Age. He did so through the use of his social Darwinistic philosophy of capitalism, inclusion of vertical and horizontal integration, combination of both his business views and religious beliefs, his Standard Oil Company along with specific refinery processes. He founded the Standard Oil Company, one of the first types of businesses during its time. Although this company helped Rockefeller become known for his successful and competitive strategies, he did develop these strategies by himself with the use of his own beliefs and views.
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.