Quotes About Industry

Schwab sounded out Carnegie on his willingness to sell his steel company to the trust.

Rebates had inevitably accompanied railroad expansion.

First, the railroads had engaged in such fierce, internecine price wars that freight rates had fallen sharply.

By giving small stakes in United to William H. Vanderbilt of the New York Central and Amasa Stone of the Lake Shore, Rockefeller tightened his grip over friendly railroads.

Far more than just a technical document, the Report on Manufactures was a prescient statement of American nationalism.

Unless the railroads had greater control over the oil business, Rockefeller knew, they "could not make the divisions of business necessary so as to prevent rate-cutting.

Endorsing still another form of government activism, Hamilton claimed that nothing had assisted Britain's industry more than its network of public roads and canals. He therefore touted internal improvements—what we would today call public infrastructure—to meld America's scattered regional markets into a single unified economy.

One other factor tempted the railroads to come to terms with Rockefeller: In a farsighted tactical maneuver, he had begun to accumulate hundreds of tank cars, which would be in perpetually short supply.

Both refiners and railroads were struggling with excess capacity and suicidal price wars.

John D. Rockefeller was the Protestant work ethic in its purest form, leading a life so consistent with Weber's classic essay that it reads like his spiritual biography.

Rockefeller's supreme insight was that he could solve the oil industry's problems by solving the railroads' problems at the same time, creating a double cartel in oil and rails.

Standard Oil again benefited from hard times to extend its powerful reach.

Rockefeller embarked on a buying binge such as the industry had never seen.

With $24 million now invested outside the oil and gas business, he held sizable stakes in 16 railroad companies, 9 real-estate firms, 6 steel companies, 6 steamship companies, 9 banks and financial houses, and even 2 orange groves.

Of the 35,000 Standard shares, Rockefeller held nearly 9,000, or three times the amount of Flagler, Harkness, Pratt, or Payne.)

One of the greatest of liberals, Thomas Jefferson, the founder of the Democratic Party, once remarked: "A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement and shall not take from the mouth of labor the bread it has earned—this is the sum of good government.

Benjamin Disraeli had anticipated Erewhon's fears in his novel Coningsby: The mystery of mysteries, he wrote, is to view machines making machines, a spectacle that fills the mind with curious and even awful speculation.

Madame Curie se concentró en el estudio de la medición de las sustancias radiactivas, creó un servicio de autenticación de esas medidas y definió el patrón internacional del radio, algo esencial tanto para la industria como para las aplicaciones médicas.

If we assume man has been corrupted by an artificial civilization, what is the natural state? the state of nature from which he has been removed? imagine, wandering up and down the forest without industry, without speech, and without home.

The United States was founded as a capitalist state and an empire on conquered land, with capital in the form of slaves, hence the term chattel slavery; this was exceptional in the world and has remained exceptional. The capitalist firearms industry was among the first successful modern corporations. Gun proliferation and gun violence today are among its legacies.

the newly empowered advertising industry used its forked tongue to convert citizens into consumers. But

The leisure class, a.k.a. the landed gentry, on whom my business depends," he told Geronimo Manezes, "are the hunters, not the gatherers; they make their way by the immoral road of exploitation, not the virtuous path of industry. But I, to make my way, have to treat the rich as the good guys, the lions, the creators of wealth and guardians of freedom, which naturally I don't mind doing because I'm an exploiter too and I also want to think of myself as virtuous.

Footballers are an easy target. They are offered big lines of credit. Every sport is vulnerable; its such a big gambling industry, and there are problems with syndicates in other countries.

Productive power is the foundation of a country's economic strength.