||This article needs additional citations for verification. (December 2011)
During the United Kingdom's Industrial Revolution, a Captain of industry was a business leader whose means of amassing a personal fortune contributes positively to the country in some way.
This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy. This characterization contrasts with that of the robber baron, a business leader using political means to achieve his ends.
Some 19th-century industrialists who were called "captains of industry" overlap with those called "robber barons". These include people such as J.P. Morgan, Andrew Carnegie, Andrew W. Mellon, and John D. Rockefeller. The term was coined by Thomas Carlyle in his 1843 book, Past and Present.
See also