Name: 20世紀の資本主義とアメリカの規制 (20th Century Capitalism and Regulation in the United States)
Uploaded: 2021-01-14T05:01:24.000Z
Duration: 14 min 21 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

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of how much regulation or how much intervention

and also from a regulatory point of view.

in the late 1800s so we've had the Civil War,

kind of a depression after the Civil War,

It becomes a major industrialized nation.

And part of that industrializing process,

His wealth was in the rail and in the steamboats.

If you inflation-adjust so some accounts will say

"who have more than 1.5 billion dollars."

If you inflation-adjust the amount of money

of the century it comes out to 400 billion

This is a lot more than anyone that we know

You have Andrew Carnegie in the steel business.

His net worth, if you look at it in a present value basis,

Although is net worth also huge, huge amount,

Since he was in control of the financial world at that time,

Maybe more than the type of power that these gentleman could wield.

The amount of power that him and his associates

controlled through their various holdings,

some have said amounted to the amount of wealth

in all of the United States West of the Mississippi.

These are hugely powerful, hugely wealthy men.

You can decide what you think of these people.

in their own way but they were also known

would have given fuel to someone like Marx

who would look at people like this and say,

"companies, it's hard to really say that they are

"They live on the campus. They have no rights.

were hugely, hugely, hugely wealthy, hugely powerful.

and you start having a little bit of a backlash

against these ... I guess the system in which

You have Teddy Roosevelt comes to power in 1901.

One of the things ... He's famous for many things,

but one of the things he's famous for is being

a trust is really just a large corporation.

The idea is, is that, "Look Standard Oil,

"you have essentially taken control of the

"refining and the oil industry in America.

Remember, capitalism for the capitalist sake, for capitalism sake

If you control everything and no one can compete

So Teddy Roosevelt, it didn't happen during his administration

but he kind of started the trust busting process,