“Now, if the Standard Oil Company were the only concern in the country guilty of the practices which have given it monopolistic power, this story never would have been written. Were it alone in these methods, public scorn would long ago have made short work of the Standard Oil Company. But it is simply the most conspicuous type of what can be done by these practices. The methods it employs with such acumen, persistency, and secrecy are employed by all sorts of business men, from corner grocers up to bankers. If exposed, they are excused on the ground that this is business.”
Quote by Ida Tarbell
Work
The History of the Standard Oil Company
This book delves into the origins, operations, and eventual dissolution of Standard Oil, one of the most significant corporations in American history. It examines the strategies and business practices that propelled the company to dominance, as well as the legal battles and antitrust actions that led to its breakup. more
Author
Ida Tarbell
Ida Tarbell was an American author known for her investigative reporting on the Standard Oil Company. Her work, 'The History of the Standard Oil Company,' exposed the practices of the monopolistic corporation and had a profound impact on public perception of big business. more
You May Also Like
Source: New Ideals in Business, an Account of Their Practice and Their Effects Upon Men and Profits
Source: New Ideals in Business, an Account of Their Practice and Their Effects Upon Men and Profits
“we were raising our standard of living at the expense of our standard of character.”
Source: All in the Day's Work: An Autobiography
“There is no more effective medicine to apply to feverish public sentiments than figures.”
Source: The Ways of Woman
Source: All in the Day's Work: An Autobiography