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John D. Rockefeller (Famous Quotes ("When a man gives, he should not…

- - - - This amount equals 4 times Bill Gates' net worth, who is currently the richest man alive.
- - - - Standard then started to interest in international business and made approving deals with railroads to ship its oil.
      - Within two years of its founding, Standard controlled the majority of refineries in the Cleveland area.
      - His success brought a big income which led to Standard buying out its competitors.
      - Rockefeller had a big drive to streamline the company’s operations and keep the margins high. This was possible because of the positive economic/industry conditions.
      - Born in the 19th century
        
        Period of innovation and industrialization
        
        In 1870, Rockefeller incorporated the Standard Oil Company, which was a very successful business.
      - Standard started expanding as a business and focussed on their own transport. They purchased pipelines and terminals to set up a system of transport for its own goods.
      - Standard had grown significantly as a company and was owning almost every aspect of the oil business. Standard bought over ten acres of forest for lumber and drilling. It also prevented competitors from running their own pipelines.
      - Just over ten years since the Standard Oil was incorporated, it had a near monopoly of the oil business in the U.S.
      - All the work that Rockefeller had done led to the first American monopoly which served as a guiding light for other big businesses.
- - - - Primary Document
        
        "When a Man Gives, He Should Not Give Anonymously"
- - - - Philanthropist
        
        Direct contrast with Howard Zinn's definition of a Robber Baron
        
        Helped his employees
        
        Gave back as much as he could
        
        Rockefeller didn't steal from his employees
        
        Highly respected reputation
        
        According to Howard Zinn, people often despised Robber Barons
        
        This wasn't the case for Rockefeller
      - Unethical Practices
        
        Howard Zinn outlines the unethical practices that Robber Barons conducted on employees
        
        Rockefeller wasn't accused of abusing his power on his employees
        
        Unlike any other robber baron
    - - Rockefeller is often referred to as a robber baron of the 19th century
      - Zinn outlines Rockefeller's recognition due to the sizable donations to foundations
- - - - Led to a respectable reputation