Robber Barons

In the Cartoon:
Cyrus Field, Jay, Gould, Cornelius Vanderbilt and Russel Sage are represented here basking in their luxury while laborers who work with cheap wages work hard to hold up their profits and lifestyle.



source



In 1870  The Robber barons, or the captains of industry were industrialists who controlled the whole industrial market. Robber barons could make prices lower and then , once they owned the market, could hike up prices
they donated a lot of their money but the government was worried about crushing free competition.
With all the new inventions capitalism grew, Rockerfeller began
to use horizontal and vertical integration to control the market.

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