RockefellerEssay title: RockefellerThe new wave of industrialism has been pushed by a few great men known as industrialistswhos number one priority is wealth. Although these men have done great things there is some confusion on the how these men should be potrayed. Some feel that the powerful industrialists of the new age should be referred to as Robber Barons calling them relentless and cruel businessmen who would stop at nothing to make money. They are accused of exploiting workers and forcing horrible working conditions upon the working class. Others see the industrialist as Captains of Industry. They recognize these men as ingenious and industrious leaders who boosted economy with their business skills. They are praised for their skills as well as their generousity.
Rosenberg: One of the main points of the Rockefeller article is to note that the Rockefeller family owns and operates both the financial and physical world. It is almost certainly the family’s real wealth and influence.
Baird: I see no evidence that this is a case of Rockefeller family money running in the direction of the banks and the major banks. The fact that their families own the financial institutions appears to point in the other direction. There is no evidence that the Rockefeller family funds itself, owns them, or has any role in financial regulation. They hold government stock or the mortgage-backed securities companies.
Gould: This article gives you a bit more information than you think. I think they were trying to justify their interests in a way that the Rockefeller and other powerful industrialists could not.
Cameron: Not because of any such claims, but because all economic ideas and methods developed by the Rockefeller family, a right of private property to private enterprise, were not accepted by the public until well-established political and economic theories and practices began to take on the modern form of thought. The Rockefeller family’s political influence began to be suppressed through the establishment of a “libertarian” political school, which was soon transformed into a socialist one. In 1921 many radical elements started to form government-regulated “capital groups” based on “corporate values.” This theory of a “libertarian” state of affairs was rejected as “unrealistic.”
David Rockefeller, who succeeded him as New York’s richest man, was a pioneer in that theory. A man with his own “liberty” about his private property so that he could build and expand his enterprises, he founded what was then the most successful company in the world when it came to capital goods. He was certainly not a Marxist and was much more interested in business as he did more than simply controlling interest in public assets. What he really found was not being more “in the grip of one’s self-interest than he had anticipated, or, more simply, wanting to control his own affairs.” In order to make America a successful democracy, America needed free enterprise. Instead America was turned into a “capitalistic” state.
As it was, the Rockefeller family could not simply control the resources of the country, they need an economic system that would create jobs, economic growth, and social development. Capitalism is the central feature of most U.S. social problems. As a result of its existence, the United States government created the first truly free market economy, but the nation saw through it. Without it, those who worked and worked full-time could not survive. Capitalism was the central cause of American poverty. The United States lacked the economic engine it needs to meet global needs. Rockefeller and his brother Rockefeller were in the forefront of creating a socialist economy. Their strategy was to build a new “socializing” system that would create millions of new families of workers and small farmers. They did not create a market economy. They simply created a new way of doing things that allowed America to compete globally.
We may wonder where some
Rosenberg: One of the main points of the Rockefeller article is to note that the Rockefeller family owns and operates both the financial and physical world. It is almost certainly the family’s real wealth and influence.
Baird: I see no evidence that this is a case of Rockefeller family money running in the direction of the banks and the major banks. The fact that their families own the financial institutions appears to point in the other direction. There is no evidence that the Rockefeller family funds itself, owns them, or has any role in financial regulation. They hold government stock or the mortgage-backed securities companies.
Gould: This article gives you a bit more information than you think. I think they were trying to justify their interests in a way that the Rockefeller and other powerful industrialists could not.
Cameron: Not because of any such claims, but because all economic ideas and methods developed by the Rockefeller family, a right of private property to private enterprise, were not accepted by the public until well-established political and economic theories and practices began to take on the modern form of thought. The Rockefeller family’s political influence began to be suppressed through the establishment of a “libertarian” political school, which was soon transformed into a socialist one. In 1921 many radical elements started to form government-regulated “capital groups” based on “corporate values.” This theory of a “libertarian” state of affairs was rejected as “unrealistic.”
David Rockefeller, who succeeded him as New York’s richest man, was a pioneer in that theory. A man with his own “liberty” about his private property so that he could build and expand his enterprises, he founded what was then the most successful company in the world when it came to capital goods. He was certainly not a Marxist and was much more interested in business as he did more than simply controlling interest in public assets. What he really found was not being more “in the grip of one’s self-interest than he had anticipated, or, more simply, wanting to control his own affairs.” In order to make America a successful democracy, America needed free enterprise. Instead America was turned into a “capitalistic” state.
As it was, the Rockefeller family could not simply control the resources of the country, they need an economic system that would create jobs, economic growth, and social development. Capitalism is the central feature of most U.S. social problems. As a result of its existence, the United States government created the first truly free market economy, but the nation saw through it. Without it, those who worked and worked full-time could not survive. Capitalism was the central cause of American poverty. The United States lacked the economic engine it needs to meet global needs. Rockefeller and his brother Rockefeller were in the forefront of creating a socialist economy. Their strategy was to build a new “socializing” system that would create millions of new families of workers and small farmers. They did not create a market economy. They simply created a new way of doing things that allowed America to compete globally.
We may wonder where some
Starting out with nothing, Rockefeller was able to build himself up to become the biggest industrial innovator of his time. Rockefeller found that the oil refining business was highly disorganized. Fortune was being made and lost overnight as the price of oil fluctuated. He thought the reason for this was from competition of thousands of other small producers and small refiners. Rockefeller had a vision of combination and order in his oil industry. Rockefellers business strategy is based on growth and domination of the industry which does two things, creates stable jobs and lowers the cost. Not only has John given insight to the business world, he