Relational Investors and Home Depot

800-545-7685, write Harvard Business School Publishing, Boston, MA 02163, or go to www.hbsp.harvard.edu/educators. This publication may

and he must have industrial progress. Can’t shut down and fire 100,000 workers; bad economics. And he was greedy.

Folsom, Burton. "John D. Rockefeller and the Oil Industry." Fee.org. N.p., 1 Oct. 1988. Web.

This paper was conducted as a Discussion Board Post assigned by Professor J. Reinke of: Liberty University, Graduate School of Business, Lynchburg, Virginia 24515.

With striking speed, American society underwent a transformation that concentrated wealth in the hands of a few, while creating tension and acrimony as industrialists leveraged their clout to influence government. During the Gilded Age, America's industrial economy exploded, generating unprecedented opportunities for individuals to build great fortunes but also leaving many farmers and workers struggling merely for survival. Overall national wealth increased more than fivefold, a staggering increase, but one that was accompanied by what many saw as an equally staggering disparity between the rich and the poor. Industrial giants like Andrew Carnegie and John D. Rockefeller revolutionized business and ushered in the modern corporate economy,

as President, and even before his two terms. He lead the army for the Creek War, which

sold his stock and implements and turned to selling real estate in St. Louis. He failed again

Monopolies were becoming more prominent during this time. Rockefeller is the best example of corrupt monopolies. The source of his wealth was a system. “These oil producers and refiners whom the Standard was robbing with and without forms of law fought

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