Recent content by Paul10

I was exaggerating when I said Rockefeller had 100% but sources say he had 90% at his peak. He could have easily done monopoly tactics at that time. Rockefeller only started to go down because of natural gas (don't see how he couldn't have followed with his fortune) but that's not the point. If...

What's so great about Ross Perot?

Hello, Rockefeller only sold for a low price till they became a monopoly. He drove everyone else out by buying them all and did horizontal and vertical integration.

Uh, that's not what I mean. Neither did it imply that. It just means remember what you learned about the robber barons. That's it. I'm guessing you've never taken a basic economics course. Even PRIVATE schools would tell you they were monopolies. Of course they did. They were allowed to drive...

That doesn't happen. Why do you think Teddy broke up the corporations? Do you actually think someone could have competed with Standard Oil? Now that's rich. If the government wasn't regulating the companies, it'd be just mergers forming 1 big company. Less companies also equals a chance to...

This is totally false. Remember the robber baron days? The government didn't do anything to help Rockefeller or Carnegie. They let them take over the industries. If the government doesn't regulate companies (preventing them from merging or doing other monopolistic actions like colluding) then...

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