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Robber baron (industrialist)

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179:"more or less knowingly played the leading roles in an age of industrial revolution. Even their quarrels, intrigues and misadventures (too often treated as merely diverting or picturesque) are part of the mechanism of our history. Under their hands the renovation of our economic life proceeded relentlessly : large-scale production replaced the scattered, decentralized mode of production; industrial enterprises became more concentrated, more “efficient” technically, and essentially “coöperative,” where they had been purely individualistic and lamentably wasteful. But all this revolutionizing effort is branded with the motive of private gain on the part of the new 223:
hopeless myth. ... Thus the creation of the Robber Baron stereotype seems to have been the product of an impulsive popular attempt to explain the shift in the structure of American society in terms of the obvious. Rather than make the effort to understand the intricate processes of change, most critics appeared to slip into the easy vulgarizations of the "devil-view" of history which ingenuously assumes that all human misfortunes can be traced to the machinations of an easily located set of villains—in this case, the big businessmen of America. This assumption was clearly implicit in almost all of the criticism of the period.
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argued that only because such people were able to amass great amounts of capital could our country become the world's greatest industrial power. Some of the actions of these men, which could only happen in a period of economic laissez faire, resulted in poor conditions for workers, but in the end, may also have enabled our present day standard of living.
183:. To organize and exploit the resources of a nation upon a gigantic scale, to regiment its farmers and workers into harmonious corps of producers, and to do this only in the name of an uncontrolled appetite for private profit—here surely is the great inherent contradiction whence so much disaster, outrage and misery has flowed. 312:
In this lesson, you and your students will attempt to establish a distinction between robber barons and captains of industry. Students will uncover some of the less honorable deeds as well as the shrewd business moves and highly charitable acts of the great industrialists and financiers. It has been
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Charles R. Geisst says, "in a Darwinist age, Vanderbilt developed a reputation as a plunderer who took no prisoners." Hal Bridges said that the term represented the idea that "business leaders in the United States from about 1865 to 1900 were, on the whole, a set of avaricious rascals who habitually
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impersonally by faceless corporations. This scholarship, and the cultural persuasion of which it was an expression, drew on a deeply rooted feeling that was partly religious and partly egalitarian and democratic, a sensibility stretching back to William Jennings Bryan, Andrew Jackson, and Tom Paine.
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argues that the robber barons were either political entrepreneurs (who lobby government for subsidies and monopoly rights), or market entrepreneurs (who innovate and reduce costs to provide the best good or service at the lowest price). Political entrepreneurs do long-term harm to the economy with
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still receive extra money from the taxpayers as funding. Vanderbilt's private shipping company began running the same routes, charging a fraction of the price, making a large profit without taxpayer subsidy. The state-funded shippers then began paying Vanderbilt money to not ship on their route. A
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The first such usage was against Vanderbilt, for taking money from high-priced, government-subsidized shippers, in order to not compete on their routes. Political cronies had been granted special shipping routes by the state, but told legislators their costs were so high that they needed to charge
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says the metaphor "conjures up visions of titanic monopolists who crushed competitors, rigged markets, and corrupted government. In their greed and power, legend has it, they held sway over a helpless democracy." Hostile cartoonists might dress the offenders in royal garb to underscore the offense
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Biographies of Mellon, Carnegie and Rockefeller were often laced with moral censure, warning that "tories of industry" were a threat to democracy and that parasitism, aristocratic pretension and tyranny are an inevitable consequence of concentrated wealth, whether accumulated dynastically or more
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practices and demonstrating the protean nature of American capitalism. Their new corporations also transmuted and became manifestations of the "Visible Hand," managerial rationality that eliminated waste, increased productivity and brought bourgeois values to replace those of financial buccaneers.
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The originators of the Robber Baron concept were not the injured, the poor, the faddists, the jealous, or a dispossessed elite, but rather a frustrated group of observers led at last by protracted years of harsh depression to believe that the American dream of abundant prosperity for all was a
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Robber Barons, standing for a Gilded Age of corruption, monopoly, and rampant individualism. Their corporations were the Octopus, devouring all in its path. In the twentieth century and the twenty-first they became entrepreneurs, necessary business revolutionaries, ruthlessly changing existing
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further popularized the term during the Great Depression in his book, published in 1934. Josephson's view was that, like the medieval German princes, American big businessmen had amassed huge fortunes immorally, unethically, and unjustly. This theme was popular during the
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cheated and robbed investors and consumers, corrupted government, fought ruthlessly among themselves, and in general carried on predatory activities comparable to those of the robber barons of medieval Europe."
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In 1958 Bridges reported that, "The most vehement and persistent controversy in business history has been that waged by the critics and defenders of the "robber baron" concept of the American businessman."
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argued that the industrialists who were called robber barons have a complicated legacy in the history of American economic and social life. In the book's original foreword, he claims the robber barons:
265:(2 vols., 1940), arguing that while Rockefeller engaged in unethical and illegal business practices, he also helped to bring order to the industrial chaos of the day. According to Nevins, it was 870: 204:
have attracted a great deal of attention but the interpretations are contradictory: at first very hostile and then very favorable. At first, White says, they were depicted as:
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voted to use "Robber Barons" as the nickname for their sports teams. However, school administrators disallowed it, saying it was disrespectful to the school's founder,
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magazine. By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth. Those practices included
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their monopolies and subsidies. This provides politicians with a pretext to insist that increased planning and increased regulation is the appropriate remedy.
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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
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The old robber barons of the Middle Ages who plundered sword in hand and lance in rest were more honest than this new aristocracy of swindling millionaires.
2322: 2277: 1021:"The Misunderstood Robber Baron: On Cornelius Vanderbilt: T.J. Stiles's The First Tycoon is a gilded portrait of the robber baron Cornelius Vanderbilt," 2484: 2287: 277:, historian of the transcontinental railroads, stated in 2011 he has no use for the concept, which has been killed off by historians Robert Wiebe and 1086: 3919: 3904: 218:
Historian John Tipple examined the writings of the 50 most influential analysts who used the robber baron model in the 1865–1914 period. He argued:
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This debate about the morality of certain business practices has continued in the popular culture, as in the performances in Europe in 2012 by
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capitalists who, by imposing order and stability on competitive business, made the United States the foremost economy by the 20th century.
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Marinetto, M. (1999). "The historical development of business philanthropy: Social responsibility in the new corporate economy"
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Germany and the Holy Roman Empire: Volume II: The Peace of Westphalia to the Dissolution of the Reich, 1648-1806
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critic of this tactic drew a political comic depicting Vanderbilt as a feudal robber baron extracting a toll.
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Harvey, Charles, et al. "Andrew Carnegie and the foundations of contemporary entrepreneurial philanthropy."
95:. The term combines the sense of criminal ("robber") and illegitimate aristocracy (“baron”) in a republic. 3914: 3812: 3646: 3611: 3562: 2239: 2213: 3766: 3756: 3623: 2831: 2249: 2234: 2221: 3746: 3085: 2606: 2578: 2382: 1711: 72: 889:
The Robber Barons: The Classic Account of the Influential Capitalists Who Transformed America's Future
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Wren, D.A. (1983) "American business philanthropy and higher education in the nineteenth century"
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The Age of Acquiescence: The Life and Death of American Resistance to Organized Wealth and Power
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Henry Flagler: The Astonishing Life and Times of the Visionary Robber Baron Who Founded Florida
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We hear now on all sides the term "Robber Barons" applied to some of the great capitalists"...
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However, contrary opinions by academic historians began to appear as the Depression ended.
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Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons
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Populist cartoons: an illustrated history of the third-party movement in the 1890s
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companies have all been described as being modern-day robber barons, particularly
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The Myth of the Robber Barons: A New Look at the Rise of Big Business in America
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Handbook of Research on Entrepreneurs: Engagement in Philanthropy: Perspectives
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The Cultural Front: The Laboring of American Culture in the Twentieth Century
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John Tipple, "The anatomy of prejudice: Origins of the robber baron legend."
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David O. Whitten, "Russian robber barons: Moscow business, American style."
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In the popular culture the metaphor continues. In 1975 the student body of
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has prepared a lesson plan for schools asking whether "robber baron" or "
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Cayton, Mary Kupiec; Gorn, Elliott J.; Williams, Peter W., eds. (1993).
1087:"The Industrial Age in America: Robber Barons and Captains of Industry" 683:, the 21st century term for the top 7 "supermajor" oil and gas companies 3413: 2753: 2192: 1982: 1851: 1694: 647: 631: 348: 266: 105: 19:
This article is about the U.S. practice. For the feudal practice, see
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Bridges, Hal. (1958) "The Robber Baron Concept in American History"
1265:"The Overlords of Railroad Traffic: The Seven Men Who Reign Supreme" 846:. Chapel Hill, NC: University of North Carolina Press. p. 105. 3468: 3440: 3426: 3293: 3259: 3217: 3202: 3162: 2907: 1622:"Tesla CEO Elon Musk quashes claim he is 'modern-day robber baron'" 1101:
Erik Kirschbaum, "Bruce Springsteen: Bankers Are 'Greedy Thieves'"
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Trustees of culture: Power, wealth and status on elite arts boards
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Railroaded: The Transcontinentals and the Making of Modern America
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Railroaded: The Transcontinentals and the Making of Modern America
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Philanthropy in America: A comprehensive historical encyclopaedia
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Industrial Age in America: Robber Barons or Captains of Industry
1160:"How did tech CEOs do on Capitol Hill? Google 'robber barons.'" 767: 765: 368: 3436: 3249: 3182: 3122: 3117: 2924: 2591: 2519: 2134: 1905: 1491:"The Redstone Story re-lives the industrialization of the West" 136:, who both made a career out of highway robbery and brigandry. 1298:
Mrs. Mark Twain: The Life of Olivia Langdon Clemens, 1845–1904
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Cochran, Thomas C. (1949) "The Legend of the Robber Barons."
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Bridges, "The robber baron concept in American history." p. 1
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Hal Bridges, "The robber baron concept in American history."
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Capitalizing on Change: A Social History of American Business
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The Robber Barons: The Great American Capitalists, 1861–1901
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The Robber Barons: The Great American Capitalists, 1861–1901
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Taylor, Marilyn L.; Robert J. Strom; David O. Renz (2014).
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Age of Betrayal: The Triumph of Money in America, 1865–1900
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The Robber Barons: The Great American Capitalists 1861-1901
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unfettered consumption and destruction of natural resources
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Term of social criticism for unethical, wealthy businessmen
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John D. Rockefeller: The Heroic Age of American Enterprise
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John D. Rockefeller: The Heroic Age of American Enterprise
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The metaphor appeared as early as February 9, 1859, when
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who charged nominally illegal tolls (unauthorized by the
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December 19, 2014. Interview with historian Steve Fraser
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The metaphor has also been used to characterize Russian
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of the 1930s, when the public often expressed scorn for
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Why the wealthy give: The culture of elite philanthropy
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The First Tycoon: The Epic Life of Cornelius Vanderbilt
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protests of 2011, the term was used by Vermont Senator
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Dole, Charles F. (1907). "The Ethics of Speculation".
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squashing competition by acquiring their competitors
1748:(1968) excerpts from primary and secondary sources. 1593:"Our new robber barons are worse than the old ones" 1347: 1089:
EDSITEment! The Best of the humanities on the web."
2485:Socialism for the rich and capitalism for the poor 1633: 1502: 1349: 975: 929: 715:Baldwin, Lida F. (1907). "Unbound Old Atlantics". 438:(tobacco, electric power) – Durham, North Carolina 261:advanced the "Industrial Statesman" thesis in his 145:used it to characterize the business practices of 30:1904 depiction of an acquisitive and manipulative 1408:Dreiser, Theodore (2010). Mulligan, Roark (ed.). 927: 486:(railroads) – California, Virginia, West Virginia 3876: 623:(water transport, railroads, sugar) – California 556:Identified as "robber barons" by other sources: 450:(Standard Oil, railroads) – New York and Florida 128:river. Some of the most notorious of these were 2283:Largest financial services companies by revenue 1533:Dictionary of American Antiquarian Bookdealers 1336:Robber Baron: The Life of Charles Tyson Yerkes 1222: 1115: 1039:, 2 vols., New York, C. Scribner's Sons, 1940. 918:, New York: Harcourt, Brace and Company, 1934. 660:(technology, automotive industry) - California 498:(finance, industrial consolidation) – New York 2607: 2278:Largest corporations by market capitalization 1889: 973: 369:List of businessmen labelled as robber barons 360:In contrast, conservative American historian 3511: 3291: 1556: 1295:Martin Naparsteck; Michele Cardulla (2013). 2480:The rich get richer and the poor get poorer 1591:John C. “Chuck” Chalberg (April 28, 2023). 1586: 1584: 1536:. Greenwood Publishing Group. p. 183. 1010:33#4 (1959): 510–523, quoting pp. 510, 521. 891:. San Diego, CA: Harcourt Inc. p. 14. 351:because of his influence on his newspaper, 300:In academia, the education division of the 2614: 2600: 2288:Largest manufacturing companies by revenue 1896: 1882: 743: 741: 1529: 886: 3499: 1581: 1226:The New Encyclopedia of American Scandal 871:"Robber Barons or Captains of Industry?" 372: 89:schemes to sell stock at inflated prices 25: 3920:Western (genre) staples and terminology 3905:Industrial history of the United States 2298:Largest technology companies by revenue 1869:college-level lectures on Robber Barons 1862:Robber Barons, Oil, and Power from 1860 1812:A People's History of the United States 1506:Encyclopedia of American Social History 1468:The Untold History of the United States 1434: 1407: 1270:The World's Work: A History of Our Time 738: 714: 540:(water transport, railroads) – New York 103:The term robber baron derives from the 3877: 2366:Income inequality in the United States 2361:Wealth inequality in the United States 1380: 816: 778: 708: 391:Individuals identified in Josephson's 3498: 2855: 2595: 2293:Largest software companies by revenue 1877: 1856:National Endowment for the Humanities 1569:from the original on January 14, 2015 1465: 1414:. U. of Illinois Press. p. 559. 1176:"Why the middle class is shrinking," 1154: 1152: 1144:European Journal of Law and Economics 841: 784: 302:National Endowment for the Humanities 65:influencing high levels of government 2273:Largest corporate profits and losses 1262: 1256: 1229:. Infobase Publishing. p. 152. 785:Alden, Henry Mills (November 1894). 747: 569:(coal, lumber) – Victoria, BC Canada 516:(public transit, tobacco) – New York 2346:Countries by number of billionaires 1635:"Robber barons and silicon sultans" 1559:"Gates: Robber Baron of the 1990s?" 1493:Redstone, Colorado website, history 1441:. London, New York: Verso. p.  1411:The Financier: The Critical Edition 821:. Oxford: OUP Oxford. p. 213. 611:(antique bookdealer) – Philadelphia 284: 13: 2857: 2856: 1903: 1663: 1557:Elliot Zaret (November 22, 1999). 1149: 14: 3931: 3910:Social class in the United States 3900:19th century in the United States 1995:Primitive accumulation of capital 1829: 1603:from the original on May 10, 2023 1509:. Scribner. pp. 1064 vol 2. 1073:, "California and the Colleges," 730:quoting the August 1870 issue... 528:(steel) – Pittsburgh and New York 456:(steel) – Pittsburgh and New York 408:(steel) – Pittsburgh and New York 308:" is the better term. They state: 3859: 3858: 2621: 2341:Cities by number of billionaires 1836:Full Show: The New Robber Barons 1708:Explorations in Economic History 1648:from the original on May 2, 2019 510:(Standard Oil, copper), New York 504:(Standard Oil) – Cleveland, Ohio 200:argues that the builders of the 2542:The Theory of the Leisure Class 2417:Acquired situational narcissism 1626: 1615: 1550: 1523: 1496: 1484: 1459: 1428: 1401: 1374: 1341: 1328: 1315: 1288: 1243: 1216: 1203: 1184: 1168: 1136: 1109: 1094: 1080: 1075:California Historical Quarterly 1064: 1051: 1042: 1029: 1013: 1000: 967: 954: 921: 522:(finance, railroads) – New York 329:in his attacks on Wall Street. 3500: 2356:Countries by wealth inequality 1956:History of economic inequality 1785:. Edward Elgar. pp. 1–8. 1744:Jones, Peter d'A. ed. (1968). 880: 860: 835: 810: 599:(coal mining, iron) – Colorado 227: 213: 1: 1699:Burlingame, D.F. Ed. (2004). 1530:Dickinson, Donald C. (1998). 792:Harper's New Monthly Magazine 702: 402:(real estate, fur) – New York 2323:Number of billionaire alumni 2268:Largest companies by revenue 1772:Josephson, Matthew. (1934). 1384:The Rough Guide to Vancouver 1263:Keys, C. M. (January 1906). 1122:. Verso Books. p. 278. 932:Wall Street : A History 552:(street railroads) – Chicago 38:) as an all-powerful octopus 7: 1746:The Robber Barons Revisited 1470:. New York: Gallery Books. 1119:Outsider in the White House 887:Josephson, Matthew (2015). 674: 492:(finance, oil) – Pittsburgh 191: 45:is a term first applied as 10: 3936: 2706:Weberian (three-component) 1693:(1958) 32#1 pp. 1–13 1301:. McFarland. p. 109. 964:32#1 (1958): 1–13, page 1. 928:Charles R. Geisst (1997). 787:"A Romance of the New Era" 581:(media mogul) – California 462:(barbed wire, oil) – Texas 202:transcontinental railroads 18: 3854: 3795: 3687: 3655: 3622: 3548: 3520: 3507: 3494: 3412: 3369: 3329: 3311: 3230: 3148: 3108: 3017: 3010: 2965: 2868: 2864: 2851: 2714: 2668: 2664: 2635: 2569: 2498: 2472: 2439: 2402: 2395: 2351:Countries by total wealth 2333: 2258: 2230:List of centibillionaires 2212: 2205: 2133: 2074:High-net-worth individual 2056: 1919: 1912: 1722:Little, Brown and Company 1435:Denning, Michael (1996). 1061:(2011) pp. xxxi, 234, 508 758:(December 1907): 812–818. 563:(copper) – Butte, Montana 3828:Pre-industrial East Asia 1963:International inequality 1951:Consumption distribution 1348:Charles O'Brien (2013). 1077:(1977) 56#2 pp. 140–63 . 982:. W. W. Norton. p.  817:Whaley, Joachim (2011). 593:(railroads) – California 534:(railroads) – California 484:Collis Potter Huntington 420:(railroads) – California 414:(finance) – Philadelphia 98: 21:robber baron (feudalism) 3895:American industrialists 2876:Administrative detainee 2039:Conspicuous consumption 1801:Business History Review 1717:Fraser, Steve. (2015). 1691:Business History Review 1352:Death of a Robber Baron 1223:George C. Kohn (2001). 1116:Bernie Sanders (2015). 1008:Business History Review 962:Business History Review 842:Buder, Stanley (2009). 579:William Randolph Hearst 508:Henry Huttleston Rogers 3292: 2425:Argumentum ad crumenam 1769:(U of Chicago: Press). 1738:53.3 (2011): 425–450. 1466:Stone, Oliver (2012). 1356:. Kensington. p.  974:Richard White (2011). 725:(November 1907): 683. 474:(railroads) – New York 468:(railroads) – New York 448:Henry Morrison Flagler 388: 315: 252: 225: 211: 185: 39: 3833:Pre-industrial Europe 2556:The Wealth of Nations 2407:Diseases of affluence 1765:Ostrower, F. (2002). 1758:Ostrower, F. (1995). 1209:David Leon Chandler, 1190:Burton Folsom (1991) 1146:13#3 (2002): 193–201. 936:. Oxford UP. p.  771:Worth Robert Miller, 605:(railroads) – Florida 377:1901 US cartoon from 376: 310: 247: 220: 206: 177: 134:Götz von Berlichingen 29: 3690:​ or countries 3501:By country or region 2739:Class discrimination 2464:Venture philanthropy 2459:Philanthrocapitalism 2371:Most expensive items 2245:Wealthiest Americans 2225:list of billionaires 1924:Capital accumulation 1841:Moyers & Company 1381:Jepson, Tim (2004). 751:The Atlantic Monthly 718:The Atlantic Monthly 644:) - Washington state 617:(banking) – New York 550:Charles Tyson Yerkes 538:Cornelius Vanderbilt 444:(finance) – New York 432:(finance) – New York 387:as a business despot 181:captains of industry 147:Cornelius Vanderbilt 56:The Atlantic Monthly 3915:Class-related slurs 3222:Vanniar (Chieftain) 2520:Greek god of wealth 2431:Prosperity theology 2250:Wealthiest families 2235:Female billionaires 2069:Captain of industry 2044:Conspicuous leisure 1946:Income distribution 1941:Wealth distribution 1936:Economic inequality 1644:. January 3, 2015. 1162:The Washington Post 914:Matthew Josephson, 641:The Washington Post 514:Thomas Fortune Ryan 502:John D. Rockefeller 436:James Buchanan Duke 385:John D. Rockefeller 354:The Washington Post 306:captain of industry 291:Stanford University 232:American historian 154:against democracy. 36:John D. Rockefeller 3803:18th-century Spain 3657:Standard of living 3361:Upper middle class 3356:Lower middle class 2947:Political prisoner 2729:Chattering classes 2701:Spoon class theory 2383:Wealthiest animals 1703:(3 vol. ABC Clio). 609:A. S. W. Rosenbach 575:(retail) – Chicago 426:(oil) – California 389: 323:Occupy Wall Street 256:Business historian 142:The New York Times 130:Thomas von Absberg 122:Holy Roman Emperor 40: 3872: 3871: 3850: 3849: 3846: 3845: 3683: 3682: 3490: 3489: 3486: 3485: 3482: 3481: 3384:Lumpenproletariat 2886:illegal immigrant 2847: 2846: 2759:Classless society 2589: 2588: 2565: 2564: 2454:The Giving Pledge 2391: 2390: 2201: 2200: 947:978-0-19-511512-3 898:978-0-547-54436-6 853:978-0-8078-3231-8 828:978-0-19-873101-6 692:Business oligarch 621:John D. Spreckels 526:Charles M. Schwab 319:Bruce Springsteen 234:Matthew Josephson 172:Matthew Josephson 166:In his 1934 book 3927: 3885:1870s neologisms 3862: 3861: 3689: 3590:Mexican-American 3518: 3517: 3509: 3508: 3496: 3495: 3297: 3240:Business magnate 3130:Knowledge worker 3015: 3014: 2903:dual or multiple 2866: 2865: 2853: 2852: 2807:Social exclusion 2802:Social cleansing 2716: 2666: 2665: 2655:Economic classes 2616: 2609: 2602: 2593: 2592: 2449:Gospel of Wealth 2400: 2399: 2210: 2209: 2021: 2012: 1929:Overaccumulation 1917: 1916: 1898: 1891: 1884: 1875: 1874: 1816:Harper Perennial 1803:. 57#3 321–346. 1796: 1753:Business History 1736:Business History 1658: 1657: 1655: 1653: 1637: 1630: 1624: 1619: 1613: 1612: 1610: 1608: 1588: 1579: 1578: 1576: 1574: 1554: 1548: 1547: 1527: 1521: 1520: 1500: 1494: 1488: 1482: 1481: 1463: 1457: 1456: 1432: 1426: 1425: 1405: 1399: 1398: 1387:. Rough Guides. 1378: 1372: 1371: 1355: 1345: 1339: 1332: 1326: 1319: 1313: 1312: 1292: 1286: 1285: 1283: 1282: 1260: 1254: 1249:Edward Renehan, 1247: 1241: 1240: 1220: 1214: 1207: 1201: 1188: 1182: 1172: 1166: 1156: 1147: 1140: 1134: 1133: 1113: 1107: 1098: 1092: 1084: 1078: 1068: 1062: 1055: 1049: 1046: 1040: 1033: 1027: 1017: 1011: 1004: 998: 997: 981: 971: 965: 958: 952: 951: 935: 925: 919: 912: 903: 902: 884: 878: 864: 858: 857: 839: 833: 832: 814: 808: 807: 805: 804: 782: 776: 769: 760: 759: 745: 736: 735: 712: 697:Media proprietor 687:Business magnate 591:Mark Hopkins Jr. 585:Charles T. Hinde 561:William A. Clark 460:John Warne Gates 454:Henry Clay Frick 424:Edward L. Doheny 400:John Jacob Astor 362:Burton W. Folsom 285:Contemporary use 239:Great Depression 91:to unsuspecting 49:by 19th century 47:social criticism 3935: 3934: 3930: 3929: 3928: 3926: 3925: 3924: 3875: 3874: 3873: 3868: 3842: 3791: 3679: 3651: 3618: 3602:Underprivileged 3544: 3503: 3502: 3478: 3408: 3365: 3325: 3307: 3226: 3144: 3104: 3006: 2961: 2860: 2859: 2843: 2822:Social position 2812:Social mobility 2710: 2660: 2631: 2630: 2620: 2590: 2585: 2561: 2494: 2490:Too big to fail 2468: 2435: 2387: 2329: 2308:Philanthropists 2254: 2197: 2129: 2052: 1908: 1902: 1832: 1793: 1762:(Princeton UP). 1666: 1664:Further reading 1661: 1651: 1649: 1632: 1631: 1627: 1620: 1616: 1606: 1604: 1589: 1582: 1572: 1570: 1555: 1551: 1544: 1528: 1524: 1517: 1501: 1497: 1489: 1485: 1478: 1464: 1460: 1453: 1433: 1429: 1422: 1406: 1402: 1395: 1379: 1375: 1368: 1346: 1342: 1333: 1329: 1320: 1316: 1309: 1293: 1289: 1280: 1278: 1261: 1257: 1248: 1244: 1237: 1221: 1217: 1208: 1204: 1189: 1185: 1173: 1169: 1157: 1150: 1141: 1137: 1130: 1114: 1110: 1099: 1095: 1085: 1081: 1069: 1065: 1057:Richard White, 1056: 1052: 1047: 1043: 1034: 1030: 1018: 1014: 1005: 1001: 994: 972: 968: 959: 955: 948: 926: 922: 913: 906: 899: 885: 881: 865: 861: 854: 840: 836: 829: 815: 811: 802: 800: 783: 779: 770: 763: 746: 739: 713: 709: 705: 677: 664:Mark Zuckerberg 615:Joseph Seligman 532:Leland Stanford 418:Charles Crocker 406:Andrew Carnegie 371: 343:The leaders of 295:Leland Stanford 287: 279:Alfred Chandler 230: 216: 194: 115:medieval German 101: 24: 17: 12: 11: 5: 3933: 3923: 3922: 3917: 3912: 3907: 3902: 3897: 3892: 3890:Business terms 3887: 3870: 3869: 3867: 3866: 3855: 3852: 3851: 3848: 3847: 3844: 3843: 3841: 3840: 3835: 3830: 3825: 3823:Ottoman Empire 3820: 3815: 3810: 3808:Ancient Greece 3805: 3799: 3797: 3793: 3792: 3790: 3789: 3784: 3782:United Kingdom 3779: 3774: 3769: 3764: 3759: 3754: 3749: 3744: 3739: 3734: 3729: 3724: 3719: 3714: 3709: 3704: 3699: 3693: 3691: 3685: 3684: 3681: 3680: 3678: 3677: 3675:Home-ownership 3672: 3667: 3661: 3659: 3653: 3652: 3650: 3649: 3644: 3639: 3634: 3628: 3626: 3620: 3619: 3617: 3616: 3615: 3614: 3609: 3599: 3598: 3597: 3592: 3587: 3577: 3576: 3575: 3570: 3565: 3554: 3552: 3546: 3545: 3543: 3542: 3537: 3532: 3530:American Dream 3527: 3521: 3515: 3505: 3504: 3492: 3491: 3488: 3487: 3484: 3483: 3480: 3479: 3477: 3476: 3471: 3462: 3457: 3452: 3443: 3434: 3429: 3424: 3418: 3416: 3410: 3409: 3407: 3406: 3401: 3396: 3391: 3386: 3381: 3375: 3373: 3367: 3366: 3364: 3363: 3358: 3353: 3348: 3347: 3346: 3335: 3333: 3327: 3326: 3324: 3323: 3317: 3315: 3309: 3308: 3306: 3305: 3298: 3289: 3284: 3279: 3274: 3273: 3272: 3267: 3257: 3252: 3247: 3242: 3236: 3234: 3228: 3227: 3225: 3224: 3215: 3210: 3205: 3200: 3195: 3190: 3185: 3180: 3175: 3170: 3165: 3160: 3154: 3152: 3146: 3145: 3143: 3142: 3137: 3132: 3127: 3126: 3125: 3114: 3112: 3106: 3105: 3103: 3102: 3097: 3096: 3095: 3090: 3089: 3088: 3073: 3072: 3071: 3066: 3058: 3057: 3056: 3046: 3041: 3036: 3035: 3034: 3023: 3021: 3012: 3008: 3007: 3005: 3004: 2999: 2994: 2989: 2984: 2979: 2973: 2971: 2963: 2962: 2960: 2959: 2954: 2949: 2944: 2942:Migrant worker 2939: 2934: 2933: 2932: 2922: 2921: 2920: 2915: 2910: 2905: 2895: 2894: 2893: 2888: 2878: 2872: 2870: 2862: 2861: 2858:By demographic 2849: 2848: 2845: 2844: 2842: 2841: 2838:Status Anxiety 2834: 2829: 2824: 2819: 2814: 2809: 2804: 2799: 2794: 2792:Ranked society 2789: 2784: 2771: 2766: 2761: 2756: 2751: 2746: 2741: 2736: 2734:Class conflict 2731: 2726: 2720: 2718: 2717:​ topics 2712: 2711: 2709: 2708: 2703: 2698: 2693: 2691:Mudsill theory 2688: 2683: 2678: 2672: 2670: 2662: 2661: 2659: 2658: 2651: 2644: 2636: 2633: 2632: 2629: 2628: 2622: 2619: 2618: 2611: 2604: 2596: 2587: 2586: 2584: 2583: 2582: 2581: 2570: 2567: 2566: 2563: 2562: 2560: 2559: 2552: 2545: 2538: 2537: 2536: 2524: 2523: 2522: 2510: 2502: 2500: 2496: 2495: 2493: 2492: 2487: 2482: 2476: 2474: 2470: 2469: 2467: 2466: 2461: 2456: 2451: 2445: 2443: 2437: 2436: 2434: 2433: 2428: 2421: 2420: 2419: 2414: 2403: 2397: 2393: 2392: 2389: 2388: 2386: 2385: 2380: 2379: 2378: 2368: 2363: 2358: 2353: 2348: 2343: 2337: 2335: 2331: 2330: 2328: 2327: 2326: 2325: 2320: 2318:Endowment size 2312: 2311: 2310: 2300: 2295: 2290: 2285: 2280: 2275: 2270: 2264: 2262: 2256: 2255: 2253: 2252: 2247: 2242: 2240:Richest royals 2237: 2232: 2227: 2218: 2216: 2207: 2203: 2202: 2199: 2198: 2196: 2195: 2190: 2185: 2180: 2175: 2170: 2165: 2160: 2155: 2150: 2145: 2139: 2137: 2131: 2130: 2128: 2127: 2122: 2121: 2120: 2115: 2110: 2100: 2095: 2094: 2093: 2083: 2082: 2081: 2071: 2066: 2060: 2058: 2054: 2053: 2051: 2050: 2049: 2048: 2047: 2046: 2041: 2026: 2025: 2024: 2015: 2001: 2000: 1999: 1998: 1997: 1985: 1980: 1975: 1970: 1965: 1960: 1959: 1958: 1953: 1948: 1943: 1933: 1932: 1931: 1920: 1914: 1910: 1909: 1901: 1900: 1893: 1886: 1878: 1872: 1871: 1866: 1858: 1846: 1831: 1830:External links 1828: 1827: 1826: 1804: 1797: 1792:978-1783471010 1791: 1776: 1770: 1763: 1756: 1749: 1742: 1732: 1715: 1704: 1697: 1687: 1665: 1662: 1660: 1659: 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J. Stiles, 1314: 1307: 1287: 1255: 1242: 1235: 1215: 1202: 1199:978-0963020307 1183: 1174:Brett Arends, 1167: 1158:Dana Milbank, 1148: 1135: 1129:978-1784784195 1128: 1108: 1093: 1079: 1071:John R. Thelin 1063: 1050: 1041: 1035:Allan Nevins, 1028: 1012: 999: 993:978-0393342376 992: 966: 953: 946: 920: 904: 897: 879: 859: 852: 834: 827: 809: 777: 761: 737: 706: 704: 701: 700: 699: 694: 689: 684: 676: 673: 672: 671: 661: 655: 645: 627:Contemporary: 625: 624: 618: 612: 606: 603:Henry B. Plant 600: 597:John C. Osgood 594: 588: 582: 576: 573:Marshall Field 570: 567:James Dunsmuir 564: 554: 553: 547: 541: 535: 529: 523: 517: 511: 505: 499: 493: 487: 481: 475: 472:E. H. Harriman 469: 463: 457: 451: 445: 439: 433: 427: 421: 415: 409: 403: 370: 367: 338:Vladimir Putin 327:Bernie Sanders 286: 283: 229: 226: 215: 212: 193: 190: 111:robber knights 100: 97: 15: 9: 6: 4: 3: 2: 3932: 3921: 3918: 3916: 3913: 3911: 3908: 3906: 3903: 3901: 3898: 3896: 3893: 3891: 3888: 3886: 3883: 3882: 3880: 3865: 3857: 3856: 3853: 3839: 3836: 3834: 3831: 3829: 3826: 3824: 3821: 3819: 3816: 3814: 3811: 3809: 3806: 3804: 3801: 3800: 3798: 3794: 3788: 3787:United States 3785: 3783: 3780: 3778: 3775: 3773: 3770: 3768: 3765: 3763: 3760: 3758: 3755: 3753: 3750: 3748: 3745: 3743: 3740: 3738: 3735: 3733: 3730: 3728: 3725: 3723: 3720: 3718: 3715: 3713: 3710: 3708: 3705: 3703: 3700: 3698: 3695: 3694: 3692: 3688:Other regions 3686: 3676: 3673: 3671: 3668: 3666: 3663: 3662: 3660: 3658: 3654: 3648: 3645: 3643: 3640: 3638: 3635: 3633: 3630: 3629: 3627: 3625: 3621: 3613: 3610: 3608: 3605: 3604: 3603: 3600: 3596: 3593: 3591: 3588: 3586: 3583: 3582: 3581: 3578: 3574: 3571: 3569: 3566: 3564: 3561: 3560: 3559: 3556: 3555: 3553: 3551: 3547: 3541: 3538: 3536: 3533: 3531: 3528: 3526: 3523: 3522: 3519: 3516: 3514: 3513:United States 3510: 3506: 3497: 3493: 3475: 3472: 3470: 3466: 3463: 3461: 3458: 3456: 3453: 3451: 3447: 3444: 3442: 3438: 3435: 3433: 3430: 3428: 3425: 3423: 3420: 3419: 3417: 3415: 3411: 3405: 3402: 3400: 3397: 3395: 3392: 3390: 3387: 3385: 3382: 3380: 3377: 3376: 3374: 3372: 3368: 3362: 3359: 3357: 3354: 3352: 3349: 3345: 3342: 3341: 3340: 3337: 3336: 3334: 3332: 3328: 3322: 3319: 3318: 3316: 3314: 3310: 3304: 3303: 3299: 3296: 3295: 3290: 3288: 3285: 3283: 3280: 3278: 3275: 3271: 3268: 3266: 3263: 3262: 3261: 3258: 3256: 3253: 3251: 3248: 3246: 3243: 3241: 3238: 3237: 3235: 3233: 3229: 3223: 3219: 3216: 3214: 3211: 3209: 3206: 3204: 3201: 3199: 3196: 3194: 3191: 3189: 3186: 3184: 3181: 3179: 3176: 3174: 3171: 3169: 3166: 3164: 3161: 3159: 3156: 3155: 3153: 3151: 3147: 3141: 3138: 3136: 3133: 3131: 3128: 3124: 3121: 3120: 3119: 3116: 3115: 3113: 3111: 3107: 3101: 3098: 3094: 3091: 3087: 3084: 3083: 3082: 3079: 3078: 3077: 3074: 3070: 3067: 3065: 3062: 3061: 3059: 3055: 3052: 3051: 3050: 3047: 3045: 3042: 3040: 3037: 3033: 3030: 3029: 3028: 3025: 3024: 3022: 3020: 3016: 3013: 3009: 3003: 3000: 2998: 2995: 2993: 2990: 2988: 2985: 2983: 2980: 2978: 2975: 2974: 2972: 2969: 2964: 2958: 2955: 2953: 2952:Socioeconomic 2950: 2948: 2945: 2943: 2940: 2938: 2935: 2931: 2928: 2927: 2926: 2923: 2919: 2916: 2914: 2911: 2909: 2906: 2904: 2901: 2900: 2899: 2896: 2892: 2889: 2887: 2884: 2883: 2882: 2879: 2877: 2874: 2873: 2871: 2867: 2863: 2854: 2850: 2840: 2839: 2835: 2833: 2830: 2828: 2827:Social stigma 2825: 2823: 2820: 2818: 2817:Social orphan 2815: 2813: 2810: 2808: 2805: 2803: 2800: 2798: 2795: 2793: 2790: 2788: 2785: 2783: 2782: 2777: 2776: 2775:Nouveau riche 2772: 2770: 2767: 2765: 2762: 2760: 2757: 2755: 2752: 2750: 2749:Class traitor 2747: 2745: 2744:Class society 2742: 2740: 2737: 2735: 2732: 2730: 2727: 2725: 2722: 2721: 2719: 2713: 2707: 2704: 2702: 2699: 2697: 2694: 2692: 2689: 2687: 2684: 2682: 2681:Gilbert model 2679: 2677: 2674: 2673: 2671: 2667: 2663: 2657: 2656: 2652: 2650: 2649: 2645: 2643: 2642: 2638: 2637: 2634: 2627: 2624: 2623: 2617: 2612: 2610: 2605: 2603: 2598: 2597: 2594: 2580: 2577: 2576: 2575: 2572: 2571: 2568: 2558: 2557: 2553: 2551: 2550: 2546: 2544: 2543: 2539: 2535: 2532: 2531: 2530: 2529: 2525: 2521: 2518: 2517: 2516: 2515: 2511: 2509: 2508: 2504: 2503: 2501: 2497: 2491: 2488: 2486: 2483: 2481: 2478: 2477: 2475: 2471: 2465: 2462: 2460: 2457: 2455: 2452: 2450: 2447: 2446: 2444: 2442: 2438: 2432: 2429: 2427: 2426: 2422: 2418: 2415: 2413: 2410: 2409: 2408: 2405: 2404: 2401: 2398: 2394: 2384: 2381: 2377: 2374: 2373: 2372: 2369: 2367: 2364: 2362: 2359: 2357: 2354: 2352: 2349: 2347: 2344: 2342: 2339: 2338: 2336: 2332: 2324: 2321: 2319: 2316: 2315: 2314:Universities 2313: 2309: 2306: 2305: 2304: 2301: 2299: 2296: 2294: 2291: 2289: 2286: 2284: 2281: 2279: 2276: 2274: 2271: 2269: 2266: 2265: 2263: 2261: 2260:Organizations 2257: 2251: 2248: 2246: 2243: 2241: 2238: 2236: 2233: 2231: 2228: 2226: 2224: 2220: 2219: 2217: 2215: 2211: 2208: 2204: 2194: 2191: 2189: 2186: 2184: 2181: 2179: 2176: 2174: 2171: 2169: 2166: 2164: 2161: 2159: 2156: 2154: 2151: 2149: 2146: 2144: 2143:Concentration 2141: 2140: 2138: 2136: 2132: 2126: 2123: 2119: 2116: 2114: 2111: 2109: 2106: 2105: 2104: 2101: 2099: 2096: 2092: 2089: 2088: 2087: 2084: 2080: 2077: 2076: 2075: 2072: 2070: 2067: 2065: 2062: 2061: 2059: 2055: 2045: 2042: 2040: 2037: 2036: 2035: 2032: 2031: 2030: 2027: 2023: 2020: 2016: 2014: 2011: 2010:Nouveau riche 2007: 2006: 2005: 2002: 1996: 1993: 1992: 1991: 1990: 1989: 1986: 1984: 1981: 1979: 1976: 1974: 1971: 1969: 1966: 1964: 1961: 1957: 1954: 1952: 1949: 1947: 1944: 1942: 1939: 1938: 1937: 1934: 1930: 1927: 1926: 1925: 1922: 1921: 1918: 1915: 1911: 1907: 1899: 1894: 1892: 1887: 1885: 1880: 1879: 1876: 1870: 1867: 1865: 1863: 1859: 1857: 1853: 1850: 1847: 1844: 1842: 1837: 1834: 1833: 1825: 1821: 1817: 1814: 1813: 1808: 1805: 1802: 1798: 1794: 1788: 1784: 1783: 1777: 1775: 1771: 1768: 1764: 1761: 1757: 1754: 1750: 1747: 1743: 1741: 1737: 1733: 1731: 1727: 1723: 1720: 1716: 1713: 1709: 1705: 1702: 1698: 1696: 1692: 1688: 1686: 1682: 1678: 1677:Vintage Books 1675: 1671: 1668: 1667: 1647: 1643: 1642: 1641:The Economist 1636: 1629: 1623: 1618: 1602: 1598: 1594: 1587: 1585: 1568: 1564: 1560: 1553: 1545: 1543:9780313266751 1539: 1535: 1534: 1526: 1518: 1516:9780684192468 1512: 1508: 1507: 1499: 1492: 1487: 1479: 1477:9780091949310 1473: 1469: 1462: 1454: 1452:9781844674640 1448: 1444: 1440: 1439: 1431: 1423: 1421:9780252035043 1417: 1413: 1412: 1404: 1396: 1394:9781843532453 1390: 1386: 1385: 1377: 1369: 1367:9780758286369 1363: 1359: 1354: 1353: 1344: 1337: 1334:John Franch, 1331: 1324: 1318: 1310: 1308:9780786472611 1304: 1300: 1299: 1291: 1276: 1272: 1271: 1266: 1259: 1252: 1246: 1238: 1236:9781438130224 1232: 1228: 1227: 1219: 1212: 1206: 1200: 1196: 1193: 1187: 1181: 1180:Apr. 22, 2019 1179: 1171: 1165: 1164:Jul. 29, 2020 1163: 1155: 1153: 1145: 1139: 1131: 1125: 1121: 1120: 1112: 1106: 1104: 1097: 1091: 1090: 1083: 1076: 1072: 1067: 1060: 1054: 1045: 1038: 1032: 1026: 1025:Nov. 11, 2009 1024: 1019:Steve Fraser, 1016: 1009: 1003: 995: 989: 985: 980: 979: 970: 963: 957: 949: 943: 939: 934: 933: 924: 917: 911: 909: 900: 894: 890: 883: 877:24, June 2010 876: 872: 868: 863: 855: 849: 845: 838: 830: 824: 820: 813: 798: 794: 793: 788: 781: 774: 768: 766: 757: 753: 752: 744: 742: 734: 733: 729: 724: 720: 719: 711: 707: 698: 695: 693: 690: 688: 685: 682: 679: 678: 670:, technology) 669: 665: 662: 659: 656: 653: 649: 646: 643: 642: 637: 633: 630: 629: 628: 622: 619: 616: 613: 610: 607: 604: 601: 598: 595: 592: 589: 586: 583: 580: 577: 574: 571: 568: 565: 562: 559: 558: 557: 551: 548: 545: 544:Peter Widener 542: 539: 536: 533: 530: 527: 524: 521: 518: 515: 512: 509: 506: 503: 500: 497: 494: 491: 490:Andrew Mellon 488: 485: 482: 479: 478:James J. Hill 476: 473: 470: 467: 464: 461: 458: 455: 452: 449: 446: 443: 440: 437: 434: 431: 428: 425: 422: 419: 416: 413: 410: 407: 404: 401: 398: 397: 396: 394: 393:Robber Barons 386: 382: 381: 375: 366: 363: 358: 356: 355: 350: 346: 341: 339: 335: 330: 328: 324: 320: 314: 309: 307: 303: 298: 296: 292: 282: 280: 276: 275:Richard White 270: 268: 264: 260: 257: 251: 246: 244: 240: 235: 224: 219: 210: 205: 203: 199: 198:Richard White 189: 184: 182: 176: 173: 169: 164: 161: 155: 152: 148: 144: 143: 137: 135: 131: 127: 123: 119: 116: 112: 108: 107: 96: 94: 90: 86: 83:that control 82: 78: 74: 70: 66: 62: 58: 57: 52: 48: 44: 37: 33: 28: 22: 3838:Soviet Union 3813:Ancient Rome 3670:Homelessness 3595:Upper Middle 3467: / 3448: / 3439: / 3404:Working poor 3300: 3287:Robber baron 3286: 3110:Intellectual 3100:Royal family 3064:Ancient Rome 2918:second-class 2836: 2779: 2778: / 2773: 2769:High society 2676:Elite theory 2653: 2646: 2639: 2626:Social class 2554: 2548: 2540: 2527: 2513: 2505: 2441:Philanthropy 2423: 2222: 2148:Distribution 2125:Robber baron 2124: 2034:Veblen goods 2029:Luxury goods 2018: 2009: 1860: 1854:lesson from 1839: 1810: 1807:Zinn, Howard 1800: 1781: 1773: 1766: 1759: 1752: 1745: 1735: 1718: 1707: 1700: 1690: 1673: 1670:Beatty, Jack 1650:. Retrieved 1639: 1628: 1617: 1605:. Retrieved 1597:Star Tribune 1596: 1571:. Retrieved 1562: 1552: 1532: 1525: 1505: 1498: 1486: 1467: 1461: 1437: 1430: 1410: 1403: 1383: 1376: 1351: 1343: 1335: 1330: 1325:(2010) p 328 1322: 1317: 1297: 1290: 1279:. Retrieved 1274: 1268: 1258: 1250: 1245: 1225: 1218: 1210: 1205: 1191: 1186: 1177: 1170: 1161: 1143: 1138: 1118: 1111: 1105:May 31, 2012 1102: 1096: 1088: 1082: 1074: 1066: 1058: 1053: 1044: 1036: 1031: 1022: 1015: 1007: 1002: 977: 969: 961: 956: 931: 923: 915: 888: 882: 874: 867:T. J. Stiles 862: 843: 837: 818: 812: 801:. Retrieved 796: 790: 780: 775:(2011) p. 13 772: 755: 749: 731: 727: 726: 722: 716: 710: 639: 626: 555: 520:Russell Sage 496:J. P. Morgan 392: 390: 379: 359: 352: 342: 331: 316: 311: 299: 288: 271: 262: 259:Allan Nevins 253: 248: 243:big business 231: 221: 217: 207: 195: 186: 178: 167: 165: 159: 158:high prices 156: 149:. 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Index

robber baron (feudalism)

Standard Oil
John D. Rockefeller
social criticism
muckrakers
The Atlantic Monthly
unfettered consumption and destruction of natural resources
influencing high levels of government
wage slavery
squashing competition by acquiring their competitors
monopolies
trusts
the market
schemes to sell stock at inflated prices
investors
Raubritter
medieval German
lords
Holy Roman Emperor
Rhine
Thomas von Absberg
Götz von Berlichingen
The New York Times
Cornelius Vanderbilt
T.J. Stiles
Matthew Josephson
captains of industry
Richard White
transcontinental railroads

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