Term Papers on John D. Rockefeller & Standard Oil from Term Papers Lab.
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The Standard Oil Company was active in all levels and spheres of corporate power. For example, the influence over the railroad systems to set up discounts and rebates helped Standard Oil to have economic and legal power. The company was using the same railroads as other companies in the industry but paying far less. John D. Rockefeller had political power due to the large amount of donations he made to the church, poor and other organizations. Standard Oil had technological power and refined the oil refining process and standardized the product. Environmental power was through a clean process of refining oil and limiting pollution. The standardized oil product changed society by giving individuals a "reliable, inexpensive light and stayed up. Their lives, and the life of the nation, changed," (Steiner, 74) giving Standard Oil power over individuals.
The power exercised was not in keeping with the social contract of Rockefeller's era. He may not have broken any laws but he may have......
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Title: John D. Rockefeller & Standard Oil
Approximate Word Count: 418
Approximate Pages: 2 (250 words per double-spaced page)
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