Super-Rich & Super-Immune
Ever since the heads of East India Trading Company (1600) and Hudson Bay Company (1670), were incorporated by English Royal charters, there have been corporate dictators. Their range and actions, have varied widely however. Today’s new corporate dictators shatter past restraints.
John D. Rockefeller ruled the Standard Oil Company monopoly until the trust busters from Washington broke up its giant price-fixing and predatory practices into several companies.
Andrew Carnegie was the ruler of the giant Carnegie Steel Company (which became U.S. Steel Corporation). Carnegie violently broke up strikes, such as the 1892 Homestead strike, before he left the company to be a major philanthropist building libraries and universities.
In the post-World War II years, the CEOs of General Motors and Ford had immense power but still had to contend with a strong United Auto Workers union and later with
— source nader.org | Ralph Nader | May 13, 2022