outline_for_rise_of_big_business_lecture

outline_for_rise_of_big_business_lecture - obsessed with...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
RISE OF BIG BUSINESS AND THE “ROBBER BARONS,” BASIC FACTS ON EXPLOSION IN POST-WAR INDUSTRIAL PRODUCTION RAILROAD COMPANIES: 1 ST MODERN CORPORATIONS --organizational structure of a large army --rise of “cautious” corporate managers “CUT-THROAT COMPETITION”: DESTRUCTIVE RATE WARS & RAILROAD REBATES CARNEGIE vs. ROCKEFELLER AS BUSINESSMEN: --Carnegie more at ease with competition & more uneasy with “industry-wide cooperation” (reverse for Rockefeller)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
--both practitioners of vertical & horizontal integration --both relentless in employing latest technologies; both
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: obsessed with maximizing cost efficiencies & driving down product price ROCKEFELLERS REPUTATION AS THE MOST DESPISED MONOPOLIST--role of muckrakers (Ida Tarbell)--relevance of JDRs religious views?? STORY OF THE SOUTH IMPROVEMENT COMPANY (winter-early spring 1871)--RRs provided 50% cost advantage to SIC refiners--from Jan.-April 1871, 21 of 26 Cleveland refiners sold out to Standard Oil A CLOSER LOOK AT CARNEGIE THE PHILANTHROPIST & INDUSTRIAL STATESMAN CARNEGIES AMBIVALENCE TOWARDS THE SOCIETAL BENEFITS OF INDUSTRIALIZATION GOSPEL OF WEALTH (1889)--millionaires right to accumulate vast fortune balanced by his obligation to arrange for socially useful disposition of surplus wealth...
View Full Document

This note was uploaded on 03/31/2008 for the course HIST 021 taught by Professor Coohill during the Spring '07 term at Pennsylvania State University, University Park.

Page1 / 3

outline_for_rise_of_big_business_lecture - obsessed with...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online