Robber Barons as Innovators
"Image and Reality: The Railway Corporate-State Metaphor" bv James A. ward, in Business ist tor^ R~V& (Winter 19811, 216 Cotting House, Soldiers Field,
Boston, Mass. 02 163.
Mark Twain first used the phrase "robber barons" to describe the rail- road moguls of 19th-century America. The name stuck because it cap- tured the public's view of the new tycoons-more arrogant, greedy, unscrupulous than the businessmen of old. But, argues Ward, a...