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.
The term was coined by the Scottish essayist, historian and philosopher Thomas Carlyle in his essay "Count Cagliostro" (1833). [3]
In such periods of Social Decay, what is called an overflowing Population, that is a Population which, under the old Captains of Industry (named Higher Classes, Ricos Hombres, Aristocracies and the like), can no longer find work and wages, increases the number of Unprofessionals, Lackalls, Social Nondescripts; with appetite of utmost keenness, which there is no known method of satisfying. Nay, more, and perversely enough, ever as Population augments, your Captains of Industry can and do dwindle more and more into Captains of Idleness; whereby the more and more overflowing Population is worse and worse governed (shown what to do, for that is the only government): thus is the candle lighted at both ends; and the number of social Nondescripts increases in double-quick ratio. [4]
In Past and Present (1843), Carlyle uses the term in reference to industrialists, such as mill-owners, whom he regards as a new aristocracy. In Carlyle's view, British society's devotion to appearances (fashion, wealth, status) at the expense of substance (good, hard, honest labor) has resulted in a need for "the awakening of the Nation's soul from its asphyxia." [5] Carlyle identifies the heart of England's social ills as being the relationship between employers and the employed, based solely on "Cash-payment for the sole nexus." What is called society has produced nothing but the "totalest separation, isolation," and the false belief that "Cash-payment...absolves and liquidates all engagements of man." [6] Carlyle asserts that "No Working World . . . can be led on without a noble Chivalry of Work, and laws and fixed rules which follow out of that," [7] a return to social order through mutual obligation and respect. Underlying the "Chivalry of Labour" is the basic assumption that human beings work best in a hierarchical structure. Laborers that "work not as in a Great Taskmaster's eye, will work wrong"; [8] while the captains of industry would offer noble leadership and guidance to those beneath them, ruling the workplace as enlightened taskmasters, the workers would possess an equally enlightened sense of loyalty, both to their "captains" and their labor.
Carlyle's concept influenced economists such as Joseph Shield Nicholson, John Kells Ingram, Arnold Toynbee (who nevertheless found the idea overly paternalistic), James Bonar, Alfred Marshall, and (especially) William Smart. Publications such as the Economic Review and the Economic Journal praised figures like Ernst Abbe as models of Carlyle's vision. [9]
Some 19th-century industrialists who were called "captains of industry" overlap with those called "robber barons". These include people such as Cornelius Vanderbilt, Andrew Carnegie, Andrew Mellon, Leland Stanford and John D. Rockefeller.
The education division of the National Endowment for the Humanities has prepared a lesson plan for schools asking whether "robber baron" or "captain of industry" is the better terminology. The lesson states that it attempts to help students "establish a distinction between robber barons and captains of industry. Students will uncover some less honorable deeds, as well as the shrewd business moves and highly charitable acts of the great industrialists and financiers. It has been argued that only because such people were able to amass great amounts of capital could our country become the world's greatest industrial power. Some actions of these men, which could only happen in a period of economic laissez faire, resulted in poor conditions for workers, but in the end, may also have enabled our present-day standard of living." [10]
Chivalry, or the chivalric language, is an informal and varying code of conduct developed in Europe between 1170 and 1220. It is associated with the medieval Christian institution of knighthood, with knights being members of various chivalric orders, and with knights' and gentlemen's behaviours which were governed by chivalrous social codes. The ideals of chivalry were popularized in medieval literature, particularly the literary cycles known as the Matter of France, relating to the legendary companions of Charlemagne and his men-at-arms, the paladins, and the Matter of Britain, informed by Geoffrey of Monmouth's Historia Regum Britanniae, written in the 1130s, which popularized the legend of King Arthur and his knights of the Round Table.
Johann Christoph Friedrich von Schiller was a German playwright, poet, philosopher and historian. Schiller is considered by most Germans to be Germany's most important classical playwright.
Thomas Carlyle was a Scottish essayist, historian, and philosopher from the Scottish Lowlands. A leading writer of the Victorian era, he exerted a profound influence on 19th-century art, literature, and philosophy.
James Anthony Froude was an English historian, novelist, biographer, and editor of Fraser's Magazine. From his upbringing amidst the Anglo-Catholic Oxford Movement, Froude intended to become a clergyman, but doubts about the doctrines of the Anglican church, published in his scandalous 1849 novel The Nemesis of Faith, drove him to abandon his religious career. Froude turned to writing history, becoming one of the best-known historians of his time for his History of England from the Fall of Wolsey to the Defeat of the Spanish Armada.
Jean Charles Léonard de Sismondi, also known as Jean Charles Leonard Simonde de Sismondi,, whose real surname was Simonde, was a Swiss historian and political economist, who is best known for his works on French and Italian history, and his economic ideas. His Nouveaux principes d'économie politique, ou de la richesse dans ses rapports avec la population (1819) represents the first liberal critique of laissez-faire economics. He was one of the pioneering advocates of unemployment insurance, sickness benefits, a progressive tax, regulation of working hours, and a pension scheme. He was also the first to coin the term proletariat to refer to the working class created under capitalism, and his discussion of mieux value anticipates the concept of surplus value. According to Gareth Stedman Jones, "much of what Sismondi wrote became part of the standard repertoire of socialist criticism of modern industry," earning him critical commentary in the Communist Manifesto.
Friedrich Ludwig Zacharias Werner was a German poet, dramatist, and preacher. As a dramatist, he is known mainly for inaugurating the era of the so-called "tragedies of fate".
Joseph Allan Nevins was an American historian and journalist, known for his extensive work on the history of the Civil War and his biographies of such figures as Grover Cleveland, Hamilton Fish, Henry Ford, and John D. Rockefeller, as well as his public service. He was a leading exponent of business history and oral history.
George Payne Rainsford James, was an English novelist and historical writer, the son of a physician in London. He was for many years British Consul at various places in the United States and on the Continent. He held the honorary office of British Historiographer Royal during the last years of William IV's reign.
Jean Paul was a German Romantic writer, best known for his humorous novels and stories.
Latter-Day Pamphlets was a series of "pamphlets" published by Scottish essayist, historian and philosopher Thomas Carlyle in 1850, in vehement denunciation of what he believed to be the political, social, and religious imbecilities and injustices of the period.
Robber baron is a term first applied as social criticism by 19th century muckrakers and others to certain wealthy, powerful, and unethical 19th-century American businessmen. The term appeared in that use as early as the August 1870 issue of The Atlantic Monthly magazine. By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth. Those practices included unfettered consumption and destruction of natural resources, influencing high levels of government, wage slavery, squashing competition by acquiring their competitors to create monopolies and/or trusts that control the market, and schemes to sell stock at inflated prices to unsuspecting investors. The term combines the sense of criminal ("robber") and illegitimate aristocracy (“baron”) in a republic.
Past and Present is a book by the Scottish essayist, historian and philosopher Thomas Carlyle. It was published in April 1843 in England and the following month in the United States. It combines medieval history with criticism of 19th-century British society. Carlyle wrote it in seven weeks as a respite from the harassing labor of writing Oliver Cromwell's Letters and Speeches. He was inspired by the recently published Chronicles of the Abbey of Saint Edmund's Bury, which had been written by Jocelin of Brakelond at the close of the 12th century. This account of a medieval monastery had taken Carlyle's fancy, and he drew upon it in order to contrast the monks' reverence for work and heroism with the sham leadership of his own day.
Sir Charles Clow Tennant, 1st Baronet, was a Scottish businessman, industrialist and Liberal politician.
Business history is a historiographical field which examines the history of firms, business methods, government regulation and the effects of business on society. It also includes biographies of individual firms, executives, and entrepreneurs. It is related to economic history. It is distinct from "company history" which refers to official histories, usually funded by the company itself.
The Condition-of-England question was a debate in the Victorian era over the issue of the English working class during the Industrial Revolution. It was first proposed by Thomas Carlyle in his essay Chartism (1839). After assessing Chartism as "the bitter discontent grown fierce and mad, the wrong condition therefore or the wrong disposition, of the Working Classes of England", Carlyle proceeds to ask:
What means this bitter discontent of the Working Classes? Whence comes it, whither goes it? Above all, at what price, on what terms, will it probably consent to depart from us and die into rest? These are questions.
English literature is literature written in the English language from the English-speaking world. The English language has developed over more than 1,400 years. The earliest forms of English, a set of Anglo-Frisian dialects brought to Great Britain by Anglo-Saxon invaders in the fifth century, are called Old English. Beowulf is the most famous work in Old English. Despite being set in Scandinavia, it has achieved national epic status in England. However, following the Norman conquest of England in 1066, the written form of the Anglo-Saxon language became less common. Under the influence of the new aristocracy, French became the standard language of courts, parliament, and polite society. The English spoken after the Normans came is known as Middle English. This form of English lasted until the 1470s, when the Chancery Standard, a London-based form of English, became widespread. Geoffrey Chaucer (1343–1400), author of The Canterbury Tales, was a significant figure developing the legitimacy of vernacular Middle English at a time when the dominant literary languages in England were still French and Latin. The invention of the printing press by Johannes Gutenberg in 1439 also helped to standardise the language, as did the King James Bible (1611), and the Great Vowel Shift.
Several economic theories of the first half of the 19th century were influenced by Romanticism, most notably those developed by Adam Müller, Simonde de Sismondi, Johann Gottlieb Fichte and Thomas Carlyle. Michael Löwy and Robert Sayre first formulated their thesis about Romanticism as an anti-capitalist and anti-modernist worldview in a 1984 article called "Figures of Romantic Anti-capitalism". Romantic anti-capitalism was a wide spectrum of opposition to capitalism, ultimately tracing its roots back to the Romantic movement of the early 19th century, but acquiring a new impetus in the latter part of the 19th century.
Thomas Carlyle's religious, historical and political thought has long been the subject of debate. In the 19th century, he was "an enigma" according to Ian Campbell in the Dictionary of Literary Biography, being "variously regarded as sage and impious, a moral leader, a moral desperado, a radical, a conservative, a Christian." Carlyle continues to perplex scholars in the 21st century, as Kenneth J. Fielding quipped in 2005: "A problem in writing about Carlyle and his beliefs is that people think that they know what they are."
Thomas Carlyle believed that his time required a new approach to writing:
But finally do you reckon this really a time for Purism of Style; or that Style has much to do with the worth or unworth of a Book? I do not: with whole ragged battalions of Scott's-Novel Scotch, with Irish, German, French and even Newspaper Cockney storming in on us, and the whole structure of our Johnsonian English breaking up from its foundations,—revolution there as visible as anywhere else!
Thomas Carlyle published numerous works, and many more have been written about him by other authors.
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