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In my opinion, JP Morgan was a Robber Baron because he used all the interest he collected from his bank and the income from the American Steel Company to fund large projects of his and to purchase many luxury items. (I.e. build random buildings for his college, Harvard)
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoThat would depend both upon whom you ask, and whom specifically you wish to describe. A 'Captain of Industry' might be a person like Tesla (for electricity), patenting amazing advances in the field, yet allowing unlicensed others to (ab)use the patent in the public interest; whereas a 'Robber Baron' generally has more selfish ends in mind, and could not care less about the general--much less the relevant industry's--well being, a la Edison. Unfortunately, these descriptions are usually only made possible by hindsight, at least for the public.
Wiki User
∙ 11y agoOne does not exclude the other. He made obscene profits using questionable practices, but he later became a philanthropist.
Wiki User
∙ 14y agoyes
Anonymous
The terms Robber Baron and Captain of Industry are synonymous - history proves.
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Was Andrew Carnegie a Captain of Industry or a Robber Baron?
robber barron. he stole money from people's houses and out of there pockets
What was the difference between a robber baron and a captain of industry?
They were the same people. The difference was how people perceived them, whether they admired them for their achievements or hated them for 'exploiting' their workers. Exploiting being that the 'robber barons' weren't that into social welfare.
What is a railroad baron?
Cornelius Vanderbilt. He was the most powerful "railroad baron." He earned his fortune in steamship lines and then began to buy up railroad lines in New York State.
Which robber baron is best known for consolidating Carnegie Steel and the National Steel Company into U.S. Steel in 1901?
J.P Morgan
Was Daniel Drew a robber baron?
yes
Was John D Rockefeller a Robber Baron or Captain of Industry?
J. D. Rockefeller was considered both a robber baron and a captain of industry.
Is Bill Gates a captain of industry or robber baron?
captain of industry
Was bill gates a robber baron or a captain of industry?
he is a captain of industry
Was James Fisk captain of industry?
No he was a Robber Baron of Industry.
Was Andrew Carnegie a robber baron or a caption of industry?
He was a captain of industry
Was William randolph a robber baron or captain of industry?
yes
How was Cornelius Vanderbilt a captain of industry?
Vanderbilt was not considered a captain of industry. Instead, he was considered a robber baron.
Was Cornelius Vanderbilt a captain of industry?
Cornelius Vanderbilt was not considered a captain of industry as he was more of a entrepreneur. He wasconsidered a robber baron.
Was J.P. Morgan a robber baron?
Yes he was an robber baron
Was Andrew Carnegie a Captain of Industry or a Robber Baron?
robber barron. he stole money from people's houses and out of there pockets
Was J. D. Rockerfeller a robber baron or a captain of industry?
he invetned the steel industury -- Actually he was the "main guy" in the oil industry. Carnegie was steel. I would say he is a Robber Baron because he started a monopoly and basically told other oil companies that they would either have to sign a trust (which basically allows him to take over their business and give a small dividend to the trustee) or he would run them out of business. --
Was Cornelius Vanderbilt a robber baron or captain of industry?
He has been called both. Neither term has a precise definition, so any answer would be subjective.
