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A robber baron or robber knight (German Raubritter) was an unscrupulous feudal landowner who resorted to banditry while protected by his fief's legal status. Medieval robber barons robbed merchants, land travelers, and river traffic. They might rob cargoes, steal entire ships, or kidnap for ransom.
The term combines the sense of criminal (robber) and illegitimate aristocracy (a baron is an illegitimate role in a republic).We hear now on all sides the term robber barons applied to some of the great capitalists.... The old robber barons of the Middle Ages who plundered sword in hand and lance in rest were more honest than this new aristocracy of swindling millionaires.he term combines the sense of criminal (robber) and illegitimate aristocracy (a baron is an illegitimate role in a republic). We hear now on all sides the term robber barons applied to some of the great capitalists.