2 ms·
> GM, Firestone and Standard Oil literally colluded to buy up streetcars and burn them down and then use their profits to sell a car fueled suburban future of t
by jcranmer 4y ago
> GM, Firestone and Standard Oil literally colluded to buy up streetcars and burn them down and then use their profits to sell a car fueled suburban future of the good life.
No. They colluded to monopolize supply of buses--this is what the court case that involved the conspiracy held. The streetcars were already failing when they were acquired.
- sitkack 4y agoThen why were the streetcar lines being bought by what effectively was a shell company owned by the corporations that would profit the most from the sale of those buses?
- deleted 4y ago[deleted]