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Written by journalist Ida Tarbell in 1904, The History of the Standard Oil Company was an exposé of the Standard Oil Company, run at that time by oil tycoon John D. Rockefeller, the richest figure in America's history. Originally serialized in 19 parts in McClure's magazine, the book was a seminal example of muckraking (known today as "investigative journalism") and inspired many other journalists to write about trusts. Trusts were large businesses that (in the absence of strong antitrust law in the 19th century) attempted to gain monopolies in various industries. The History of the Standard Oil Company was credited with hastening the breakup of Standard Oil, which came about in 1911. This is the full and complete digital version of both volumes, plus all appendices, illustrations, charts, tables, and footnotes. A truly fascinating work.
Cleveland oil tycoon John D. Rockefeller formed the Standard Oil Company of Ohio in 1870. Over the next four decades, Rockefeller turned his company into a behemoth, systematically driving his competitors out of business or buying them outright. His vast fortune made him one of the nation's most powerful men, but his private empire was nearly undone by the tireless journalism of a single, determined woman. Published in 1904, Ida Tarbell's The History of the Standard Oil Company exposed Rockefeller's monopolistic tactics to the public, eventually resulting in the company's dismantling in 1911. Yet Tarbell's work is more than simply a monumental piece of reporting; it is a deft, engrossing portrait of business in America-both its virtues and excesses.
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