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Founders · 2026-10-13 · 54 min · 10,770 words

#437 The Tycoons: Carnegie, Rockefeller, Gould & Morgan

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Andrew Carnegie, John D. Rockefeller, Jay Gold, and JP Morgan were all in their late twenties or early thirties. All on the first rungs of their careers in the waning days of the Civil War. In an age of outsized business leaders, no others played so great a role in shaping and channeling the American boom. They forced the pace, drove the transition to ever larger scales, and imposed personal stamps on on the national economy that persisted well into the twentieth century.

They were quite different people. Carnegie, Rockefeller, and Gold. Tapped into the national predilection for speed. The obsession with moving ahead. The tolerance

For experimenting. To create one of history's purest laboratories of creative destruction. Most businessmen of the time were Believed in orderly markets and gentlemanly fair profits. But these three came with flaming swords.

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