Labor Union strikes were the most prominent form of worker insurrection against employers. During the period of 1875-1900, many labor unions participated in strikes, however many of them failed to achieve their goals. The biggest reason that farmers and workers went on strike was clearly stated by a machinist before the Senate Committee on Labor and Capital. Because machines were taking jobs away, workers would lose their livelihood, and most likely their only source of income. In the year of 1877, employees working for the four largest railroads went on strike due to the fact that their employers cut their wages by 10 percent; this was known as the Great Rail Road Strike.
Trident University International Edward M. Massey Module 1 Case Assignment Course Number: ETH501 Dr. Gary Shelton 7 October 2013 Patriarch of Fraud: Adelphia Communications Scandal John Rigas, grew up during the Great Depression in Wellsville, New York and like many Americans he enlisted and served his country during World War II (WWII). Although he may have taken on some deontological ethics during this time period, such as respecting your neighbor's natural rights (Infamy, 2009). However; at some point after the resolution of WWII, his moral and ethical values changed, as it did in most Americans; developing a staunch opposition to the Soviet Union, convinced the people of this nation to forcefully and zealously embrace the free market system as well as the democratic notion of the good. With that mindset, John Rigas began his first business venture by purchasing a movie theater in Coudersport, Pennsylvania (PA). Fortuitously, Adelphia was founded in 1952 when John Rigas purchased his first television cable company in Coudersport, PA for $300.
It set out new employment rights of all workers in factories, mines, munitions plants and shipyards. It regulated working hours which increased on average by six hours a week and rates of pay. The DAP also had the power to punish workers. Although German workers lost their freedom to act collectively against employers, at least the DAF established what the minimum working standards should be which prevented serious exploitation of labour by employers Solving unemployment was important to Hitler for many reasons. Unemployed workers were potential supporters of the communists, Hitler’s rivals.
That same year, Morgan merged Carnegie Steel with a group of other steel businesses to form U.S. Steel, the world’s first billion-dollar corporation Andrew Carnegie: Philanthropist After Carnegie sold his steel company, the diminutive titan, who stood 5’3”, retired from business and devoted himself full-time to philanthropy. In 1889, he had penned an essay, “The Gospel of Wealth,” in which he stated that the rich have “a moral obligation to distribute [their money] in ways that promote the welfare and happiness of the common man.” Carnegie also said that “The man who dies thus rich dies disgraced.” Carnegie eventually gave away some $350 million (the equivalent of billions in today’s dollars), which represented the bulk of his wealth. Among his philanthropic activities, he funded the establishment of more than 2,500 public libraries around the globe, donated more than 7,600 organs to churches worldwide and endowed organizations (many still in existence today) dedicated to research in science, education, world peace and other causes. Among his gifts was the $1.1 million required for the land and construction costs of Carnegie Hall, the legendary New York City concert venue that opened in
Oskar Schindler At one time in his life, Oskar Schindler was a German businessman who made a fortune doing whatever it took to make a profit. He was greedy and ruthless and didn’t always do things the right way, but he always achieved whatever he set out to do. It was that same determination that drove him to succeed in saving over 1,000 Jews from certain death at the hands of the Nazis during World War II. Schindler was born on April 28, 1908 in Svitavy, Moravia, which today is located in the Czech Republic (Gordeeva). He was raised in a middle-class Catholic family in a region called Sudetenland.
In 1877 the United States began to build a railroad that was going to go from coast to coast. A lot of human labor was needed in order to achieve this goal, many workers began to work for the government since the government was the one funding this project. Many workers at this period of time began to complain about their conditions of life and labor. Government paid them not a fair wage, and obligated them to work more than 10 hours per day. Too many workers were injured with the new machinery because a lot of them did not have the proper training to operate those type of equipments.
He was in Manchester when he heard about the success Richard Arkwright was having at a textile factory in Cromford. At age just nineteen, Owen borrowed £100 and set up his own business spinning mules with an engineer called John Jones. The partnership with Jones came to an end in 1792 and Owen found work as a manager of Peter Drinkwater’s spinning factory. As the manager, Owen met a lot of businessmen involved in the textile industry. David Dale, owner of Chorton Twist Company in Scotland met with Robert Owen and the two became great friends.
Jack Welch On September 6, 2001, Chairman and Chief Executive Officer of General Electric Corporation, John Francis Welch Jr. retired after devoting 41 years to GE. With his innovative breakthrough leadership style as CEO, Welch transformed GE into a highly productive and efficient company. During his tenure as CEO, Welch made GE one of the most profitable companies in the world. Although some people viewed him as a ruthless CEO responsible for putting profits above human and community concerns, he is still one of the most respected business leaders with a global vision. Welch was praised as the model corporate executive for producing higher profits year after year.
Thomas Alva Edison (February 11, 1847 – October 18, 1931) in Milan, Ohio, Thomas Edison rose from humble beginnings to work as an inventor of major technology.At age 12, Edison set out to put much of that education to work. He convinced his parents to let him sell newspapers to passengers along the Grand Trunk Railroad line. Exploiting his access to the news bulletins teletype to the station office each day, Thomas began publishing his own small newspaper, called the Grand Trunk Herald. The up-to-date articles were a hit with passengers. This was the first of what would become a long string of entrepreneurial ventures where he saw a need and capitalized on opportunity.Edison also used his access to the railroad to conduct chemical experiments
After graduating in 1960 Welch joined General Electric as a Chemical engineer and worked his way through the ranks to become the Chairman and CEO of GE, making him the eighth and youngest leader. During his 20 year reign of General Electric, one of Americas largest and most well known companies Jack Welch's management skills became almost legendary. His no nonsense leadership style gave him a reputation of being hard, even ruthless, but also fair when making business decisions. Welch had little time for bureaucracy and archaic business ways. If managers didn't change they were replaced