Cramer: Steve Jobs Transcends All Great Industrialists Before Him

Thursday, 6 Oct 2011 | 6:12 PM ET
Cramer: Steve Jobs, the Best We Had
Mad Money host Jim Cramer puts Steve Jobs in the pantheon of great industrialists, saying, he left Henry Ford, Sam Walton, Thomas Edison, and Andrew Carnegie in the dust. In an era where we seem almost ashamed of ourselves in America, where we are so self-critical and imbued with a sense of being second rate, we can remember that Jobs was uniquely American and be proud of that. In short, he was the best we had.

Henry Ford. Sam Walton. Thomas Edison. Alexander Graham Bell. Andrew Carnegie. John Rockefeller.

Steve Jobs is not only in this pantheon of great American industrialists, Cramer said Thursday, he transcended it.

"He created machines that made the impossible simple. He created machines that brought the democratization of thought to all. He created machines for which there had been no need and it turned out they were necessities," Cramer said of Jobs. "He had vision. He had brilliance. He was otherworldly."

As co-founder and former CEO of Apple , Jobs created an ecosystem that allowed all people to figure everything out, Cramer said. Where other companies created just a few individual products, Jobs created an entire product line that kept pushing the envelope. Where the great industrialists before him revolutionized one industry, or created a game-changing product, Jobs continued to change the game time-after-time.

"It's as if Jobs invented the wheel, the wedge, the screw, the pulley, the level and the inclined plane," Cramer explained. "We take them for granted now, like the iPod, iPhone and the iPad, but they were all invented once, too. Can you imagine if just one man invented all of them?"

It's important to note that in a time, where Americans are so self-critical, Jobs was "uniquely American." To Cramer, Jobs was "the best we had."

When this story was published, Cramer's charitable trust owned Apple.

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