Free Essays, Free Research Papers, Free Book Reports and Free Term Papers
Essay DB Free Essays, Free Research Papers,
Free Book Reports and Free Term Papers

FREE ESSAY ON JOHN DAVISON ROCKEFELLER

College Term Papers - Instant Download

(sponsored links)

John Davison Rockefeller, Sr.
A review of the life and accomplishments of John Davison Rockefeller, Sr. -- 4,445 words; MLA

John D Rockefeller
This paper examines the career of John D. Rockefeller, the founder of Standard Oil and the man who established the fabulously wealthy Rockefeller dynasty: Childhood, business dealings, rivalries, labor relations and anti-trust laws. -- 3,150 words;

Rockefeller Drug Laws
A discussion of the need to remove the Rockefeller Drug Laws from the New York State penal code. -- 1,286 words; MLA

The Rockefeller Drug Laws
This paper argues that the Rockefeller Drug Laws should be reformed. -- 1,400 words; APA

Rockefeller's Standard Oil Company
An analysis of the reasons behind the dissolution of Rockefeller's Standard Oil company in 1911 which eventually caused stocks to rise. -- 1,025 words;

Click here for more essays on JOHN DAVISON ROCKEFELLER

JOHN DAVISON ROCKEFELLER

John D. Rockefeller: A Robber Baron
Or the Efficient Businessman
John Davison Rockefeller has been accused by many as being a Robber Baron over the past
century. He created the most powerful corporation the United States had ever seen: The
Standard Oil Company. He began Standard Oil in 1865 and by 1881, it was comprised of more
than forty other companies. In 1882 Rockefeller created the Standard Oil Trusts, and his
company had become the most efficient corporation, producing the highest quality products
as well as charging the lowest prices. Unlike Jay Gould, who used the judicial system to
acquire companies, make a profit, and then leave that company in bankruptcy, Rockefeller
was philanthropic in his endeavors, incorporating his acquired companies into the ever
enlarging Standard Oil. He believed in Social Darwinism and the "Gospel of Wealth," and
as a result the Standard Oil Company helped to strengthen the American economy, created
jobs, and was one of the leaders in making the United States the industrial giant that it
is today. John D. Rockefeller was not a Robber Baron because he did nothing wrong, he was
a product of the Industrial era, and played by its rules to attain the greatest victory,
absolute economic success.
After the Civil War, from 1860-1914, the United States was transformed from a
predominantly agrarian society into an industrial nation with an output so great that it
quickly caught up and surpassed all of Europe. Factories appeared everywhere and new
agricultural technologies caused a massive influx of farmers into the large urban centers
where the factories were operating. In some cases, city populations nearly doubled. The
amount of industrial capital in the United States economy was multiplied twenty-two times
over, and the value of manufactured goods increased twelve times. The population of the
United States tripled due to the many immigrants flocking to America for jobs, and with
the use of better, more efficient technologies, which increased farm outputs. Never
before had the coupling of industry, natural and physical sciences been attempted, but in
America, it was attempted, implemented, and perfected to such a degree as to create a
nation that surpassed all others. The industrialization created a new breed of people who
thrived on education and competition, and became the most powerful and successful
embodiments of the American Dream.
While many historians argue that Rockefeller was a Robber Baron, much evidence
contradicts the arguments. Rockefeller can be considered an "Industrial Statesman," or
better yet, and Industrial Philanthropist. During the industrial era in which he amassed
his fortunes, the idea of the American Dream was still the leading motive for working in
many minds. Rockefeller took the concept to the extremes. When he began the Standard Oil
Company, it was not with the intention of monopolizing the industry; he wanted to create
order and stability in the volatile petroleum market, and the economy. Rockefeller
realized that the nation was changing and that the American frontier had long since
disappeared, thus the rugged American individualism was no longer the way to success;
organization was the key to success. Factory workers had banned together in the form of
unions to fight the opposition: the employers. Rockefeller did the same thing to the oil
industry, by gaining support or control of the rivaling factions and bringing them
together under his watchful eye. Thus, he sought better profits; the workers sought
higher wages, he sought organization to fight off his competition; the workers formed in
Unions to organize their fight against the employers. Rockefeller was attacked and
accused of being an un-moralistic Robber Baron that cared about nothing but making money,
but on the contrary he said "I know of nothing more despicable and pathetic that a man
who devotes all the hours of the waking day to the making of money for money's sake." Why
did the workers slander Rockefeller's name, but the workers organized themselves in the
same way Rockefeller organized Standard Oil? It was because of his status and publicity.
Someone had to take the blame. Much like the famous people of today, or the politicians,
people will rarely look for the good in the person, they root out the bad things, and
magnify them. Rockefeller had grown up with a set of morals that told him to "pursue his
own interests." The Constitution had no laws making the industrial giants, private
citizens, the caretakers of the problems of the government, or forcing them to do
everything morally and rightly instead of with ruthless determination. 
In defending Rockefeller against being a Robber Baron, all one must do is look at his
contributions to society. Rockefeller was an industrial statesman and he helped the
state. Not a particular state, but the country as a whole. The vast amounts of cash
poured into his many companies to create a technological advantage spurred many inventors
to come up with items that would increase production or efficiency. Rockefeller's efforts
brought "more goods of better quality at lower prices, cheaper and more efficient
transportation, new markets, a dazzling variety of products, more jobs, and higher
wages." Men like Rockefeller were "pioneering innovators" that made positive and " often
valuable contributions to national economic development." Rockefeller established vast
corporation that would prosper for many years after his death, and these corporations
employed thousands of people, and provided a very solid economic base. Rockefeller,
unlike many other leaders of large corporations, was not like a dictator or tyrant, he
was a chairman that watched over the company. He listened to ideas and improvised,
creating products of superior quality, creating a stable market out of chaos, and
"pioneered in significant administrative and technological innovations." It was even said
that he was an "agent of progress, and his contribution to society was beneficial."
Rockefeller was not a Robber Baron, and unlike Gould he helped the nation through his
philanthropy and creation of the Rockefeller Foundation to which he gave more than 550
million dollars.
John Davison Rockefeller was not a Robber Baron, although he has been accused of being
one of the worst. His strategies were not to create a monopoly on anything, he wanted the
maximum amount of efficiency out of every company he operated in, and there was nothing
more efficient than buying up the competition. Through his Standard Oil Company he paved
the way, along with several other industrial capitalists, for America to become the
greatest of industrial nations. When WW I began in 1914, it was through the rapid
industrialization that was spurred by men like Rockefeller that America was able to
produce and maintain such an immense amount of supplies. He had organized the petroleum
industry from chaos to extreme precision and created thousands of jobs and lasting
industries. Rockefeller was not an uncaring destructive man; he was a ruthlessly
efficient businessman, industrialist, and philanthropist. 

Use the Search box at the top to find Term Papers for Sale by keywords or browse Free Essays page by page
(sorted alphabetically by Essay Title):

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39
For college-level Term Papers, Essays, Research Papers and Book Reports, please go to the Term Papers for Sale Website


This Free Essays Web Site, is Copyright © 2008, Essay Express. All rights reserved.




Partner websites: Interior Decor Art :: Immigration Lawyer Toronto :: Laser Clinic Toronto :: Original Abstract Paintings :: Learn Violin in Thornhill :: Learn Violin in Toronto :: Buy used Yamaha piano in Toronto