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Episode 187: Undercover Boss, Uber-Driving CEOs, and the "Empathetic Executive" Schtick

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The Rise and Fall of John Rockefeller

At one point, some estimates put in between 1.5 and 3% of the total national GDP was owned by one person, John Rockefeller. As a defense against these big corporations, Rockefeller was vehemently anti-union. He preferred to dissuade workers from organizing with compliments and promises of decent wages. His family hired a militia in 1914 to break a strike held by coal miners working at the Colorado Fuel and Iron Company. The militia killed dozens of miners and what later became known as the Ludlow Massacre.

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