Travelling back in time to the 19th century, the time of railroad bubbles.
Back then the corrupt government would make laws that prevented legitimate capitalists from fairly competing and trying to provide the greatest benefit to society, to instead let friends of theirs have a monopoly and charge honest citizen whatever they wanted to. (I will make a separate idea on this later maybe tomorrow).
In 1857 he ended in a fight to gain control of the New York and Harlem Railroad, one of the only two lines with direct access to Manhattan and had some unique advantages.
He later explained that he wanted to show that he could take this railroad, which was generally considered worthless, and make it valuable.
Can you guess what happens next?
And this is how corrupt council members and crony capitalists got rekt beyond belief.
I assume Cornelius Vanderbilt had a personal army as security, to prevent him from hanging himself.
Back then the corrupt government would make laws that prevented legitimate capitalists from fairly competing and trying to provide the greatest benefit to society, to instead let friends of theirs have a monopoly and charge honest citizen whatever they wanted to. (I will make a separate idea on this later maybe tomorrow).
In 1857 he ended in a fight to gain control of the New York and Harlem Railroad, one of the only two lines with direct access to Manhattan and had some unique advantages.
He later explained that he wanted to show that he could take this railroad, which was generally considered worthless, and make it valuable.
Can you guess what happens next?
And this is how corrupt council members and crony capitalists got rekt beyond belief.
I assume Cornelius Vanderbilt had a personal army as security, to prevent him from hanging himself.