John D. ROCKEFELLER was a great manSubmitted by preferred on Tue, 07/22/2008 - 11:02
Someone here posted the John D. Rockefeller was a "con" and a "robber baron." Since this goes to heart of the capitalist system Ron Paul defends, I thought it was appropriate to discuss this.
That Rockefeller was a criminal is false. Nothing could be further from the truth. That's anti-capitalist propaganda. Rockefeller was a market entrepreneur (as opposed to a political entrepreneur) who drove refined oil prices down with relentless competitiveness and ingenuity, and should be commended for it. He didn't use government to crush competitors (unlike his enemies who used antitrust legislation against him), but acted with free-market enterpreneurial dynamics to become the leading refiner. And on top of that he contributed $550,000,000 to charity, including many universities.
Read the real story: John D. Rockefeller and the Oil Industry, by Burton Folsom: http://www.fee.org/Publications/the-Freeman/article.asp?aid=... (Warning: This may be discomforting to newly socialists-turned-wannabe libertarian conservatives here).
It's pretty pathetic that he's being criticized as a criminal when he he's done a lot more for America than anyone on this forum.
I recommend all leftists, those deceived by leftists, and those indoctrinated by the public education system, and everyone else read "The Myth of the Robber Barons" by Burton Folsom, Jr. http://www.amazon.com/Myth-Robber-Barons-Burton-Folsom/dp/09... It's a must for any freedom-lover's library. (Notice on the Amazon site that it says those who bought this book also bought Dr. Paul's The Revolution: The Manifesto. That's a good sign. We're getting through to the anti-capitalists and converting them).
LISTEN to this EXCELLENT radio interview by Jason Lewis of KTLK with the author of the ariticle and book, which includes much discussion of John D. Rockefeller: http://a1135.g.akamai.net/f/1135/18227/1h/cchannel.download....
Note>: This about John D. Rockefeller, the Standard Oil entrepreneuer (who retired in 1897). Don't confuse him with John D. Rockefeller, Jr., his son who became a Standard Oil director after his father retired.