Captain of industry

In the 19th century, a captain of industry was a business leader whose means of amassing a personal fortune contributed positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy.^[2] This characterization contrasts with that of the robber baron, a business leader using political means to achieve personal ends.

^ Carlyle, Thomas (18 February 1873). "TC to Sir Joseph Whitworth". Carlyle Letters Online.
^ Scranton, Philip. "Fine Line Between Thief and Entrepreneur". Teachinghistory.org. Retrieved 12 July 2011.

[1] Carlyle, Thomas (18 February 1873). "TC to Sir Joseph Whitworth". Carlyle Letters Online.

[2] Scranton, Philip. "Fine Line Between Thief and Entrepreneur". Teachinghistory.org. Retrieved 12 July 2011.

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