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I'm Andrew Carnegie, and I built a steel empire, controlling over 60% of the nation's steel industry. I sold it for $400 million dollars to the United States Steel company.
I'm John D. Rockefeller, and I control most of our nation's oil refineries. I took over this country's oil industry by using my latest technology and efficient practices.
What is laissez-faire?
Laissez-faire is the idea of government regulation of business is alien to the economic, scientific, and religious beliefs.
Who is this Adam Smith character?
Adam Smith believes that business shouldn't be controlled by the government, but by supply and demand.
Wait, are you THE J.P Morgan?
You mean the banker who bought around 66% of the nation's railroads? Yes, that would be me!
I wish the US government would control these monopolies!
I agree completely. I fear that the trusts unchecked power and urban elites resented in the increasing influence of the new rich.
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