Short Answer 
Cornelius Vanderbilt’s legacy is complex; he was criticized for exploiting workers and using ruthless business tactics, which earned him the title of ‘robber baron.’ However, he also significantly improved transportation efficiency and contributed to the American economy, while his philanthropic efforts, including the founding of Vanderbilt University, add depth to his overall impact.
Step 1: Evaluate Vanderbilt’s Negative Actions
Cornelius Vanderbilt was often criticized for his exploitation of workers and ruthless business tactics. He aggressively crushed competition, leading to his reputation as a ‘robber baron.’ His approach to business prioritized profit over ethics, often leaving workers in challenging conditions or facing unfair treatment.
- Exploitation of labor
- Ruthlessness in business strategies
Step 2: Assess Vanderbilt’s Positive Contributions
Despite his controversial methods, Vanderbilt made significant strides in the transportation industry. By consolidating smaller railroads, he created a more efficient network that greatly improved the movement of goods. His actions not only enhanced transportation but were also vital for boosting the American economy.
- Improved transportation efficiency
- Boosted the American economy
Step 3: Weigh the Good Against the Bad
The question of whether Vanderbilt did more good or bad is subjective. While his harsh and exploitative practices harmed competitors and workers, his lasting contributions to American infrastructure and his philanthropic efforts, such as founding Vanderbilt University, provide a more nuanced view of his legacy. The impact of his actions can be felt in both negative and positive ways.
- Complex legacy
- Significant positive impacts on infrastructure and education