Ripples of Rebels

17: The Bloody History Behind America's Robber Barons, & the current threat to the Consumer Financial Protection Bureau


Listen Later

Meet the titans who shaped America’s wealth—and crushed its workers. This episode of Ripples of Rebels dives into the dark legacies of Robber Barons John D. Rockefeller, Andrew Carnegie, and J.P. Morgan. From labor exploitation and violent union crackdowns to monopolies that stifled competition and democracy, we trace their rise to power and the real human costs of their empires. We discuss the Ludlow Massacre (which will be a deeper episode later), the Homestead Strike, and more bloody moments over fighting for ethical work conditions. We also spotlight how working-class people, journalists, and political reformers fought back—and won hard-fought victories like the National Labor Relations Act. Plus, a quick look at how Morgan’s unchecked influence triggered the Panic of 1907—and how that crisis eventually helped build a more accountable financial system that is under attack by the current Trump administration, and their own shadow presidents, Elon Musk and the rest of the current oligarchy.

This is a story of corrupt power, people, and the ongoing fight for economic justice— and what YOU can do about it today.

Listen in, and stay rebellious.

Ripples of Rebels is a reader-supported publication. This is a passion project of an educator, to help make more credible educational resources on complex topics, available for the general public. Support by subscribing for free below, or consider upgrading to a paid subscription!

Learn More:

Books:

* Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow

* Andrew Carnegie by David Nasaw

* The House of Morgan by Ron Chernow

* The Gilded Age by Mark Twain & Charles Dudley Warner

* “The Homestead Strike” – Zinn Education Project

* “Standard Oil and the Rise of Monopoly Power” – The Library of Economics and Liberty

* “The Panic of 1907: Lessons Learned from the Market’s Perfect Storm” – Federal Reserve Bank of Boston

Documentaries:

* PBS American Experience: The Rockefellers

* PBS American Experience: Andrew Carnegie and the Rise of Big Business

Podcasts/Youtube Videos:

* Networth and Chill with Vivian Tu: Elizabeth Warren Episode on the CFPB

* Wealth Inequality with Robert Reich

Citations:

* Chernow, Ron. Titan: The Life of John D. Rockefeller, Sr. Vintage Books, 2004.

* Nasaw, David. Andrew Carnegie. Penguin Books, 2007.

* Chernow, Ron. The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance. Grove Press, 2010.

* Twain, Mark, and Charles Dudley Warner. The Gilded Age: A Tale of Today. American Publishing Company, 1873.

* “Panic of 1907.” Federal Reserve History, www.federalreservehistory.org.

* “Homestead Strike.” Zinn Education Project, www.zinnedproject.org.

* Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1911).

* National Labor Relations Act, 29 U.S.C. § 151–169 (1935).



Get full access to Ripples of Rebels at delaneyxclara.substack.com/subscribe
...more
View all episodesView all episodes
Download on the App Store

Ripples of RebelsBy Delaney Clara