Industrialist mainly refers to a person who takes a leading or visionary role in the process of building up an industry over a long time. Often an industrialist invests his own capital and thus has some degree of capitalist ownership control. Still the industrialist will often claim that he is more than merely a capitalist because he doesn't only profit on his investment, but also provides many jobs over a prolonged time.
Alternatively an industrialist could be a politician who uses his political power to build up industry.
Industrialist mainly refers to a person who takes a leading or visionary role in the process of building up an industry over a long time.
Still the industrialist will often claim that he is more than merely a capitalist because he doesn't only profit on his investment, but also provides many jobs over a prolonged time.
Alternatively an industrialist could be a politician who uses his political power to build up industry.
Such competition, indeed, is useful and good, for in the long run those that survive will have competed and won, a clear statement of their superiority.
Spencer, Sumner and others, such as the industrialistAndrew Carnegie (1835-1919), argued that the social implication of the fact of such struggle for survival is that free-market capitalism is the natural economic system and the one that will ensure the greatest success for a society's economic well-being.
In Sumners essay, "The Man of Virtue," he remarks that, "Every man and woman in society has one big duty.
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