The “Cleveland Massacre”: how John D. Rockefeller created a monopoly and Ida Tarbell helped bust it

Ida in fur coat around 1925

 

John D. Rockeller, the founder of the Standard Oil Company, was one of the most powerful men of the Gilded Age.* Yet he was no match for journalist Ida Tarbell, the “muckraker“** who discovered and revealed Standard Oil’s unethical business practices.

The last 30 years of the 19th century in the United States (the “Gilded Age”) saw a huge growth of industry and wealth. But that growth was fueled by economic and political corruption.  No one represented both the highs and the lows of the Gilded Age better than Rockefeller and Standard Oil.  And not even Rockefeller could predict that his worse nemesis would turn out to be not his competitors, but a woman — and one born in a log home .

Continue reading

Advertisements