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So you're saying that the standard of living was worse or no better in 1900 than it was in 1800? People talk about the "Robber Barrons" but this is really a pe
by nika 16y ago
So you're saying that the standard of living was worse or no better in 1900 than it was in 1800?
People talk about the "Robber Barrons" but this is really a pejorative. Standard oil, for instance was able to lower the cost of gasoline dramatically, I believe it was more than an order of magnitude. This paved the way to the car being a viable product for the middle class and eventually nearly everyone.