Robber Baron Vs. Captain of Industry.

Robber Baron Vs. Captain of Industry? John D. Rockefeller was the guiding force behind the creation of the Standard Oil Company, which grew to dominate the oil industry. This company was one of the first big trusts in the United States, thus much controversy and opposition arose regarding business strategies and its organization. John D. Rockefeller was also one of the United States first major philanthropists, establishing numerous important foundations and donating close to $600 million …

…created several products of superior quality, creating a stable market out of chaos, and pioneered in significant administrative and technological innovations. Through his Standard Oil Company he paved the way, along with several other industrial capitalists, for America to become the greatest of industrial nations. John D. Rockefeller should not be regarded as an uncaring, destructive robber baron; but be appreciated for his great contributions to our society as an efficient businessman, industrialist, and philanthropist.