Robber Barons

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Robber Barons

A pejorative term for wealthy industrialists in the late 19th century United States. Robber barons are credited with leading American industrialization and creating a great deal of wealth; however, they often did so through unethical means, many of which later became illegal. Price manipulation, union busting, and anti-competitive practices were common among robber barons. Well known robber barons include Andrew Carnegie, John W. Rockefeller and Cornelius Vanderbilt.
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References in periodicals archive ?
In the midst of a new age of Robber Barron Capitalism, "Business Ethics In Biblical Perspective" is a sorely needed response and should considered essential reading for all corporate officers, business managers, and entrepreneurs.
Critique: "Saving America Now: The Buffet Syndrome Expanded Edition" is a compelling and articulate read that is highly recommended, indeed essential, for everyone and anyone who is concerned about the widening gap between the 1% and the 99%, who is alarmed by the onset of a second new age of Robber Barron capitalism and its corruptive impact on the American political system--a corrosion aided and facilitated by the Supreme Court and its 'Citizens United' decision.
In January 2002, Businessweek named him one of the "top 25 managers of the year." Six months later, he was a 21st century robber barron; a corporate fraudster using Tyco's treasury as a personal piggy bank.
As evidenced by the increasing 99% movement, we are living in a new and corporate age of Robber Barron Capitalism.