The History of the Standard Oil Company: The birth of an industry
The History of the Standard Oil Company: The birth of an industry

Author: Ida Minerva Tarbell

Publisher:

Published: 1904

Total Pages: 470

ISBN-13:

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"The History of the Standard Oil Company is a 1904 book by journalist Ida Tarbell. It is an exposé about the Standard Oil Company, run at the time by oil tycoon John D. Rockefeller, the richest figure in American history. Originally serialized in nineteen parts in McClure's magazine, the book is a seminal example of muckraking, and inspired many other journalists to write about trusts, large businesses that (in the absence of strong antitrust laws in the 19th century) attempted to gain monopolies in various industries. The History of the Standard Oil Company is credited with hastening the breakup of Standard Oil, which came about in 1911, when the Supreme Court of the United States found the company to be violating the Sherman Antitrust Act. The subsequent decision splintered the company into 34 "baby Standards." The value of Rockefeller's shares rose after the breakup as the new companies had a positive development on the stock exchange"--Wikipedia, viewed January 27, 2023.

The History of the Standard Oil Company
The History of the Standard Oil Company

Author: Ida M. Tarbell

Publisher: Good Press

Published: 2023-11-19

Total Pages: 624

ISBN-13:

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Ida M. Tarbell's 'The History of the Standard Oil Company' is a groundbreaking work that delves into the rise of the monopolistic energy corporation in the late 19th century. Written in a journalistic and investigative style, Tarbell meticulously documents the unethical business practices and ruthless tactics employed by Standard Oil to dominate the oil industry. This work serves as a landmark example of investigative journalism highlighting the need for corporate regulation and ethical business practices. Through detailed research and firsthand accounts, Tarbell paints a vivid picture of the impact of monopolies on economy and society, making this book a crucial read for those interested in understanding the power dynamics of corporate America in the Gilded Age. Ida M. Tarbell, a pioneer in investigative journalism, was inspired to write this exposé after witnessing the injustices perpetuated by Standard Oil firsthand. Her meticulous research and dedication to uncovering the truth behind the company's rise to power reflect her commitment to social justice and transparency in the business world. Tarbell's work laid the foundation for modern investigative journalism and has inspired countless writers and activists to hold corporations accountable for their actions. I highly recommend 'The History of the Standard Oil Company' to readers interested in delving into the dark side of corporate power and the importance of ethical business practices. Tarbell's groundbreaking work remains a seminal piece in American history, shedding light on the consequences of unbridled corporate greed and the necessity of government intervention to protect the common good.