Flashback Friday | #532: Breaking Up Monopolies
Macroaggressions
Charlie Robinson
4.7 • 1.9K Ratings
🗓️ 29 May 2026
⏱️ 73 minutes
🧾️ Download transcript
Summary
The United States government created the Sherman Anti-Trust Act in 1890 because the country was facing serious problems due to the centralization of power into the hands of oligarchs in the oil, steel, and railroad industries. Standard Oil had 91% of the market share in the oil refining industry when it was broken up in 1911, but the remnants remain in the form of Exxon Mobile, Chevron, Amoco, Conoco, Marathon, and Atlantic Richfield. U.S. Steel almost felt the wrath of the Department of Justice, but market forces intervened, and Microsoft could have been broken up in 2001 had it not been for a legal act of God. What current company is heading in that direction towards total market domination? And what could a captured American government even do to stop it from happening? That probably depends on who got campaign donations and who did not.
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Transcript
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| 0:00.0 | This episode sponsored by Codecademy. Your job is changing, fast, new tools, new expectations, |
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| 0:55.0 | It's all about the macro productions. |
| 0:58.3 | Flashback Fridays here on macroaggressions, taking you back to April 9th, |
| 1:02.7 | 2025, breaking up monopolies. |
| 1:06.8 | Tony Archerburn and the team over at Wolfpack Gold have you covered for all your |
| 1:10.4 | precious metal needs. |
| 1:11.7 | If you want to turn your IRA or 401k into precious metals, you can do that. |
| 1:16.8 | Go to macroaggressions.org. |
| 1:19.0 | Enjoy the show. |
| 1:20.7 | What does the goddamn line say, Tony? |
| 1:23.2 | Please do not use gendered language. |
| 1:26.6 | Then what? |
... |
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