The Gilded Age: Wealth, Corruption, and the New America — Fexingo History
In this episode of The Gilded Age: Wealth, Corruption, and the New America, Lucas and Luna dive into the rise of John D. Rockefeller and Standard Oil, the corporation that defined monopolistic power in the late 19th century. They explore how Rockefeller used vertical integration, secret railroad rebates, and the legal innovation of the trust to control 90% of America's oil refining by 1880. The conversation moves from Rockefeller's early days in Cleveland to the ruthless tactics that crushed competitors, including the infamous South Improvement Company scheme. They also touch on the legal battles that followed, including the 1911 Supreme Court breakup under the Sherman Antitrust Act, and the broader implications for American capitalism. Along the way, they discuss figures like Henry Flagler, the role of kerosene in lighting American homes, and the parallel rise of the robber baron era. This episode offers a granular look at how one man and one company reshaped the economy—and the backlash that followed. #GildedAge #StandardOil #JohnDRockefeller #RobberBarons #Monopoly #Antitrust #ShermanAntitrustAct #Cleveland #Kerosene #Oil #BusinessHistory #Trust #VerticalIntegration #SouthImprovementCompany #HenryFlagler #CorporatePower #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
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