The History of the Standard Oil Company is a book written by journalist Ida Tarbell in 1904. It was an exposé of the Standard Oil Company, run at that time by oil tycoon John D. Rockefeller the richest figure in America's history. Originally serialized in 19 parts in McClure's magazine, the book was a seminal example of muckraking, and inspired many other journalists to write about trusts, large businesses that (in the absence of strong antitrust law in the 19th century) attempted to gain monopolies in various industries. The History of the Standard Oil Company was credited with hastening the breakup of Standard Oil, which came about in 1911.
Ida Minerva Tarbell was an American teacher, author and journalist. She was known as one of the leading "muckrakers" of the progressive era, work known in modern times as "investigative journalism". She wrote many notable magazine series and biographies. She is best-known for her 1904 book The History of the Standard Oil Company, which was listed as No. 5 in a 1999 list by the New York Times of the top 100 works of 20th-century American journalism.[1] She became the first person to take on Standard Oil. She began her work on The Standard after her editors at McClure's Magazine called for a story on one of the trusts.
Just finished this as a Librivox audioboook. If you're interested at all in the history of the Rockefellers, Flaglers, or Vanderbilts this is an interesting read. The writing style is very approachable even though the book was written decades ago.
I had high expectations for this book but sadly Ida Tarbell was not a storyteller but rather an accumulator of facts that left me still not knowing exactly what John D. Rockefeller did or did not do to establish his reputation. I like someone like Erik Larson who can weave a tapestry of facts into a fine story.
This was pretty interesting stuff. I was aware of the existence of this book and then became very curious to read it after reading Ayn Rand's Atlas Shrugged which was a celebration of the ideal American Industrialist.
So, anyways, Ahhh, the power of a two party system (be it socialism or captialism), the parties being "those who have a lot and those who don't have as much or any".
Still can't get a handle on John D. (getting ready to start my third book on him). Quite the paradoxical enigma. This book gets a little tedious in places. Overall, very informative and easy to read.