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About this episode
In the 1870s and 1880s, businessmen clawed their way to the top of the new industrial economy, accumulating staggering fortunes. Oil tycoon John D. Rockefeller ruthlessly eliminated his rivals one by one, seizing control over the nation’s refineries. Steel magnate Andrew Carnegie revolutionized the industry with his relentless drive to cut costs. And banker J. P. Morgan conquered Wall Street, commanding vast amounts of capital to consolidate corporations.But the concentration of wealth and power
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