Every once in a while the term “robber baron” turns up conveniently for the media, which helped make it popular many decades ago. It was conjured up for the wrong reasons and continues to stay alive to this day.
The term is used to describe ruthless, dishonest businessmen and bankers or successful entrepreneurs. It was originally used to maliciously represent tycoons who developed our oil, steel, telegraph, railroad and other basic 19th century industrial revolution enterprises.
It took aggressive business people to succeed in those days. Rules were not the over-regulated variety of today. Were today’s in effect, I may add, much of the development of our oil, steel, communication and other enterprises would be stifled.
No comments:
Post a Comment