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Robber Baron (industrialist)
Robber baron is a term first applied by 19th century muckrakers and others as social criticism to certain wealthy, powerful, and unethical 19th-century American businessmen. The term appeared in that use as early as the August 1870 issue of ''The Atlantic Monthly'' magazine. By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth. Those practices included Exploitation of natural resources, unfettered consumption and destruction of natural resources, Crony capitalism, influencing high levels of government, wage slavery, Anti-competitive practices, squashing competition by acquiring their competitors, and to create Monopoly, monopolies and/or Trust (business), trusts that control Market (economics), the market. The term combines the sense of criminal ("robber") and illegitimate aristocracy (“baron”) in a republic.Worth Robert Miller, ''Populist cartoons: an illustrated history of the third-party movement in th ...
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Standard Oil Octopus Loc Color
Standard may refer to: Symbols * Colours, standards and guidons, kinds of military signs * Standard (emblem), a type of a large symbol or emblem used for identification Norms, conventions or requirements * Standard (metrology), an object that bears a defined relationship to a unit of measure used for calibration of measuring devices * Standard (timber unit), an obsolete measure of timber used in trade * Breed standard (also called bench standard), in animal fancy and animal husbandry * BioCompute Standard, a standard for next generation sequencing * ''De facto'' standard, product or system with market dominance * Gold standard, a monetary system based on gold; also used metaphorically for the best of several options, against which the others are measured * Internet Standard, a specification ratified as an open standard by the Internet Engineering Task Force * Learning standards, standards applied to education content * Standard displacement, a naval term describing the wei ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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John R
John R. (born John Richbourg, August 20, 1910 – February 15, 1986) was an American radio disc jockey who attained fame in the 1950s and 1960s for playing rhythm and blues music on Nashville radio station WLAC. He was also a notable record producer and artist manager. Richbourg was arguably the most popular and charismatic of the four announcers at WLAC who showcased popular African-American music in nightly programs from the late 1940s to the early 1970s. (The other three were Gene Nobles, Herman Grizzard, and Bill "Hoss" Allen.) Later rock music disc jockeys, such as Alan Freed and Wolfman Jack, mimicked Richbourg's practice of using speech that simulated African-American street language of the mid-twentieth century. Richbourg's highly stylized approach to on-air presentation of both music and advertising earned him popularity, but it also created identity confusion. Because Richbourg and fellow disc jockey Allen used African-American speech patterns, many listeners thought t ...
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Leland Stanford
Amasa Leland Stanford (March 9, 1824June 21, 1893) was an American attorney, industrialist, philanthropist, and Republican Party (United States), Republican Party politician from Watervliet, New York. He served as the eighth governor of California from 1862 to 1863 and represented the state in the United States Senate from 1885 until his death in 1893. He and his wife Jane Stanford, Jane founded Stanford University, named after Leland Stanford Jr., their late son. Stanford became a successful merchant and wholesaler after migrating to California in 1852 during California gold rush, the gold rush; he built a commerce , business empire. He was an influential executive of the Central Pacific Railroad and later of the Southern Pacific Railroad, Southern Pacific railroads from 1861 to 1890; these positions gave him tremendous power in the Western United States which left a lasting impact on California. He also played a significant role as a shareholder and executive in the early ...
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Stanford University
Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth List of governors of California, governor of and then-incumbent List of United States senators from California, United States senator representing California) and his wife, Jane Stanford, Jane, in memory of their only child, Leland Stanford Jr., Leland Jr. The university admitted its first students in 1891, opening as a Mixed-sex education, coeducational and non-denominational institution. It struggled financially after Leland died in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, university Provost (education), provost Frederick Terman inspired an entrepreneurship, entrepreneurial culture to build a self-sufficient local industry (later Silicon Valley). In 1951, Stanfor ...
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Gilded Age
In History of the United States, United States history, the Gilded Age is the period from about the late 1870s to the late 1890s, which occurred between the Reconstruction era and the Progressive Era. It was named by 1920s historians after Mark Twain's 1873 novel ''The Gilded Age: A Tale of Today''. Historians saw late 19th-century economic expansion as a time of materialistic excesses marked by widespread political corruption. It was a time of rapid economic growth, especially in the Northern United States, Northern and Western United States, Western United States. As American wages grew much higher than those in Europe, especially for skilled workers, and Industrialisation, industrialization demanded an increasingly skilled labor force, the period saw an influx of millions of European immigrants. The rapid expansion of industrialization led to Real wages, real wage growth of 40% from 1860 to 1890 and spread across the increasing labor force. The average annual wage per indust ...
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Allan Nevins
Joseph Allan Nevins (May 20, 1890 – March 5, 1971) was an American historian and journalist, known for his extensive work on the history of the Civil War and his biographies of such figures as Grover Cleveland, Hamilton Fish, Henry Ford, and John D. Rockefeller, as well as his public service. He was a leading exponent of business history and oral history. Biography Nevins was born in Camp Point, Illinois, the son of Emma (née Stahl) and Joseph Allan Nevins, whom he later described as a stern Presbyterian farmer.Immersed in Great Affairs - Allan Nevins and the Heroic Age of American History by Gerald L. Fetner
January 2004 - SUNY Press
His father was of
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Business History
Business history is a historiographical field which examines the history of firms, business methods, government regulation and the effects of business on society. It also includes biographies of individual firms, executives, and entrepreneurs. It is related to economic history. It is distinct from "company history" which refers to official histories, usually funded by the company itself. United States Robber baron debate Even before academic studies began, Americans were enthralled by the Robber baron debate. As the United States industrialized very rapidly after the Civil War, a few hundred prominent men made large fortunes by building and controlling major industries, such as railroads, shipping, steel, mining and banking. Yet the newer who gathered the most attention was railroader Cornelius Vanderbilt. Historian Stephen Frazier argues that probably most Americans admired Vanderbilt; they agreed with biographer William Augustus Croffut who wrote in 1886: :It is now k ...
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Big Business
Big business involves large-scale corporate-controlled financial or business activities. As a term, it describes activities that run from "huge transactions" to the more general "doing big things". In corporate jargon, the concept is commonly known as enterprise, or activities involving enterprise customers. The concept first rose in a symbolic sense after 1880 in connection with the combination movement that began in American business at that time. Some examples of American corporations that fall into the category of "big business" are ExxonMobil, Walmart, Google, Microsoft, Apple, General Electric, General Motors, JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Goldman Sachs; in the United States, big businesses in general are sometimes collectively pejoratively called "corporate America". The largest German corporations included Daimler AG, Deutsche Telekom, Siemens, and Deutsche Bank. SAP is Germany's largest software company. Among the largest companie ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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Transcontinental Railroad
A transcontinental railroad or transcontinental railway is contiguous rail transport, railroad trackage that crosses a continent, continental land mass and has terminals at different oceans or continental borders. Such networks may be via the Railway track, tracks of a single railroad, or via several railroads owned or controlled by multiple railway company, railway companies along a continuous route. Although Europe is crisscrossed by railways, the railroads within Europe are usually not considered transcontinental, with the possible exception of the historic Orient Express. Transcontinental railroads helped open up interior regions of continents not previously colonized to exploration and settlement that would not otherwise have been feasible. In many cases, they also formed the backbones of cross-country passenger and freight transportation networks. Many of them continue to have an important role in freight transportation, and some such as the Trans-Siberian Railway even have ...
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Richard White (historian)
Richard White (born 1947) is an American historian who is the Margaret Byrne Professor of American History Emeritus at Stanford University. Earlier in his career, he taught at the University of Washington, University of Utah, and Michigan State University. White received his bachelor's degree from the University of California, Santa Cruz, and his M.A. and Ph.D. from the University of Washington. He was chosen for the MacArthur Fellows Program in 1995, and was elected a Member of the American Philosophical Society in 2016. White was founding director of Stanford's Spatial History Project, which implements digital technologies and analyses to illuminate patterns and anomalies for research purposes. He is a two-time winner of the Francis Parkman Prize, past President of the Organization of American Historians, and the author of books about the American West, Native American history, the United States in the Gilded Age, railroads, capitalism, and environmental history. Works *'' ...
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