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They both have a faith in the genius of the person who gets rich. While they were active in business, Rockefeller and Carnegie both believed at least to some degree in the idea of Social Darwinism. That is to say that they both believed in unfettered competition. They believed that such competition would lead to They believed that such competition would lead to a situation in which the best businessmen triumphed and exercised power over the economy.
This would make the economy as efficient as possible. Later on, both men came to espouse a similar, but somewhat different philosophy.
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John D. Rockefeller said, “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.” Entrepreneurs in the late s took Rockefeller’s advice to heart and broke new ground, especially in steel, banking, and Rockefeller’s own oil industry. for my history homework i need to answer this question Explain why the Peace Settlement was changed in the years ive looked but can`t find anything its due in tomorrow and i can`t find anything. please can someone help.