Robber Barons: Gates, Carnagie, Rockafeller, Vanderbilt Essay -- essay

Robber BaronsThe robber barons of the early industrial age, and one modern day baron get been accused of creating monopolies over several different areas. The four barons focused upon are Cornelius Vanderbilt, Andrew Carnegie, Rockefeller, and Bill Gates. They have all created monopolies over their respected industry. These monopolies eliminated all opposition and left wing consumers with only one choice.First off is Cornelius Vanderbilt, he built his business with the New York railways. He built the New York Central System by the 1850s, he also produced the largest steamboat fleet in the United States at that time. He created the New York Central from three smaller railroads which he purchased, the expanded from New York City to Buffalo. ultimately his railroads connected all the way through to Chicago in under four years of being in the business. Not only did he ramble a very large rail system but also became the first to use several different techniques. One was the Westingho use Air Brakes, which would allow for high-speed and more reliable brakes as well as being able to ravel at higher speeds. Another idea pioneered was the four fall into place system which would allow for two freight tracks, one for each direction, and two more tracks for passenger cars. The tactics he used were legal, the only thing he did was purchase smaller lines to help expand his railroads. These were not unethical moves just ways to help his business.&n...