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Benevolent Barons: American Worker-Centered Industrialists, 1850-1910
Paperback
Business GeneralGeneral SociologyGeneral United States History
ISBN13: 9780786494941
Publisher: McFarland & Company
Published: Jul 1 2015
Pages: 240
Weight: 0.75
Height: 0.60 Width: 6.00 Depth: 8.90
Language: English
American business has always had deep roots in community. For over a century, the country looked to philanthropic industrialists to finance hospitals, parks, libraries, civic programs, community welfare and disaster aid. Worker-centered capitalists saw the workplace as an extension of the community and poured millions into schools, job training and adult education. Often criticized as welfare capitalism, this system was unique in the world.
Lesser known capitalists like Peter Cooper and George Westinghouse led the movement in the mid- to late 1800s. Westinghouse, in particular, focused on good wages and benefits. Robber barons like George Pullman and Andrew Carnegie would later succeed in corrupting the higher benefits of worker-centered capitalism. This is the story of those accomplished Americans who sought to balance the accumulation of wealth with communal responsibility.
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