The History of the Standard Oil Company

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A concisely presented, remarkable example illustrating the harmfulness of monopolies.

"[...] if we allowed a man or group of men autocratic powers in government or church, they used that power to oppress and defraud the public. [...] And yet we have here in the United States allowed men practically autocratic powers in commerce."


I would have liked this 2018 edition to have included an additional chapter that described developments after 1904 in more detail than the brief glimpse in the introduction.

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2 months ago