Wealth Against Commonwealth
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Wealth Against Commonwealth
''Wealth Against Commonwealth'' is a book published by muckraking journalist Henry Demarest Lloyd. It was published after he had written several essays to ''The Atlantic Monthly'' concerning issues with dominating monopolies. It was written in an effort to expose the wrongdoings mainly of the monopoly Standard Oil but also discusses others. It contributed significantly to further rallying the Progressive Movement Progressivism holds that it is possible to improve human societies through political action. As a political movement, progressivism seeks to advance the human condition through social reform based on purported advancements in science, techn ... in the early twentieth century. External links Against Commonwealth at ''Internet Archive'' References English-language books 1894 non-fiction books American political books Books critical of capitalism {{US-poli-book-stub ...
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Henry Demarest Lloyd
Henry Demarest Lloyd (May 1, 1847 – September 28, 1903) was a 19th-century American progressive political activist and pioneer muckraking journalist. He is best remembered for his exposés of the Standard Oil Company, which were written before Ida M. Tarbell's series for ''McClure's Magazine''. Biography Early years Henry Demarest Lloyd was born on May 1, 1847, in the home of his maternal grandfather on Sixth Avenue in New York City. Henry was the first child of Aaron Lloyd, a graduate of Rutgers College and New Brunswick Theological Seminary and minister of the Dutch Reformed Church, and Maria Christie ( Demarest) Lloyd. One of Lloyd's strongest formative influences was the preaching of Henry Ward Beecher, whose sermons he regularly attended. Lloyd attended Columbia College and Columbia Law School. Lloyd worked at a library and taught to pay his way through school. Upon graduation, Lloyd was admitted to the New York state bar in 1869.Peter J. Frederick, "Henry Demarest Lloy ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Muckraking
The muckrakers were reform-minded journalists, writers, and photographers in the Progressive Era in the United States (1890s–1920s) who claimed to expose corruption and wrongdoing in established institutions, often through sensationalist publications. The modern term generally references investigative journalism or watchdog journalism; investigative journalists in the US are occasionally called "muckrakers" informally. The muckrakers played a highly visible role during the Progressive Era. Muckraking magazines—notably ''McClure's'' of the publisher S. S. McClure—took on corporate monopolies and political machines, while trying to raise public awareness and anger at urban poverty, unsafe working conditions, prostitution, and child labor. Most of the muckrakers wrote nonfiction, but fictional exposés often had a major impact, too, such as those by Upton Sinclair. In contemporary American usage, the term can refer to journalists or others who "dig deep for the facts" or, ...
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The Atlantic
''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. In addition, ''The Atlantic Monthly Almanac'' was an annual almanac published for ''Atlantic Monthly'' readers during the 19th and 20th centuries. A change of name was not officially announced when the format first changed from a strict monthly (appearing 12 times a year) to a slightly lower frequency. It was a mo ...
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Standard Oil
Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-founder and chairman, John D. Rockefeller, who is among the wealthiest Americans of all time and among the richest people in modern history. Its history as one of the world's first and largest multinational corporations ended in 1911, when the U.S. Supreme Court ruled that it was an illegal monopoly. The company was founded in 1863 by Rockefeller and Henry Flagler, and was incorporated in 1870. Standard Oil dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration; the company was an innovator in the development of the business trust. The Standard Oil trust streamlined production and logistics, lowered costs, and undercut competitors. "Trust-busting" cri ...
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Progressive Movement
Progressivism holds that it is possible to improve human societies through political action. As a political movement, progressivism seeks to advance the human condition through social reform based on purported advancements in science, technology, economic development, and social organization. Adherents hold that progressivism has universal application and endeavor to spread this idea to human societies everywhere. Progressivism arose during the Age of Enlightenment out of the belief that civility in Europe was improving due to the application of new empirical knowledge to the governance of society.Harold Mah''Enlightenment Phantasies: Cultural Identity in France and Germany, 1750–1914'' Cornell University. (2003). p. 157. In modern political discourse, progressivism gets often associated with social liberalism, a left-leaning type of liberalism, in contrast to the right-leaning neoliberalism, combining support for a mixed economy with cultural liberalism. In the 21st centur ...
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