Did JP Morgan make his money fairly?

Answer 1

J.P. Morgan, a prominent banker and financier in the late 19th and early 20th centuries, made his money through a combination of strategic investments, mergers, and financial innovations. While he played a significant role in stabilizing and modernizing the American economy, his methods were sometimes controversial, including the use of aggressive business tactics and monopolistic practices. Opinions on the fairness of his wealth accumulation vary, often reflecting broader views on capitalism and the ethics of finance during that era. Ultimately, whether one sees his methods as fair depends on their perspective on the balance between entrepreneurship and ethical business practices.