He is both depending how you look at it. He is a robber baron in the sense that he made a lot of money, created a monopoly, bought all the steel companies, and bought all the iron companies and paid his workers very little. But on the other hand he is a captain of the industry because he thought of something so revolutionary and something that changed the world and how things work forever and was a great innovator. He also gave back a lot by making Carnegie Hall in NYC and making many colleges, one being in Pittsburgh Pennsylvania. That is ironic since it's the steel city.
He was a captain of industry
yes
John D. Rockefeller and Andrew Carnegie are often labeled as "robber barons" because they amassed vast fortunes in the late 19th century through aggressive and often unethical business practices. Rockefeller dominated the oil industry with Standard Oil, using tactics like price-cutting and secret deals to eliminate competition. Carnegie, in the steel industry, employed similar strategies and was known for harsh labor practices, including the infamous Homestead Strike. Their immense wealth and influence raised concerns about monopolistic practices and the exploitation of workers, leading to the "robber baron" label.
Andrew Carnegie made most of his money through the steel industry, founding Carnegie Steel Company, which became one of the largest and most profitable steel manufacturers in the United States during the late 19th century. He utilized innovative production techniques and vertical integration to reduce costs and increase efficiency. The term "robber baron" refers to wealthy and powerful industrialists of that era, often criticized for their exploitative practices, monopolistic tactics, and influence over politics, suggesting that they amassed their fortunes at the expense of workers and fair competition.
Andrew Carnegie is often labeled a "robber baron" due to his aggressive business practices and the vast wealth he amassed in the steel industry during the late 19th century. He utilized innovative production techniques and ruthless competition to dominate the market, often exploiting labor and minimizing costs. Carnegie's strategies included undercutting competitors and consolidating power through vertical integration, which allowed him to control every aspect of steel production. While he also promoted philanthropy later in life, his methods of wealth accumulation were often criticized as unethical.
He was a captain of industry
robber barron. he stole money from people's houses and out of there pockets
Previous Answer: yes he is a captain of industry but he is also a robber barron My Answer: He was one of the 1st "captains of industry". He was the leader of American steel industry from 1873 to 1901.
Andrew Carnegie was the millionaire tycoon who made his riches in the steel industry.
One of the things that set Andrew Carnegie apart from the other "robber barons" was the fact that Carnegie came from a poor background. Carnegie started his work as a messenger boy for a telegraph office.
captain of industry
One does not exclude the other. He made obscene profits using questionable practices, but he later became a philanthropist.
Andrew Carnegie, John D. Rockefeller, J.P. Morgan, Cornelius Vanderbilt, Leland Stanford
J. D. Rockefeller was considered both a robber baron and a captain of industry.
he invetned the steel industury -- Actually he was the "main guy" in the oil industry. Carnegie was steel. I would say he is a Robber Baron because he started a monopoly and basically told other oil companies that they would either have to sign a trust (which basically allows him to take over their business and give a small dividend to the trustee) or he would run them out of business. --
Robber Barons
Absolutely not. Carnegie was a prototypical capitalist "robber baron" who ruthlessly exploited his workers.