This is an interesting read and certainly the nature of profit seeking drives all decisions described herein. how willful it ever was is quite another matter.
Putting that aside, it is also inevitable that large capital pools will focus of profitability and into just those enterprises which have the broadest possible public distribution. It does not have to be planned at all and it is actually better if it is not planned as failures are then easily absorbed.
Again the oil age is now ending. and the whole global economy will be shifting. This first means an expansion of cash flow and i also suspect an expansion of human credit. The question is just how much volatility will be encountered.
"When he wasn't running away from them or disappearing for years at a time, [William Avery Rockefeller] would teach his children the tricks of his treacherous trade. He once bragged of his parenting technique: 'I cheat my boys every chance I get. I want to make 'em sharp'...
"The world we live in today is the world created in 'Devil' Bill's image. It's a world founded on treachery, deceit, and the naïveté of a public that has never wised up to the parlor tricks that the Rockefellers and their ilk have been using to shape the world for the past century and a half."
"The next year, he quietly put what he called 'our plan' — his campaign to dominate the volatile oil industry — into devastating effect. Rockefeller knew that the refiner with the lowest transportation cost could bring rivals to their knees.
"He entered into a secret alliance with the railroads, called the South Improvement Company. In exchange for large, regular shipments, Rockefeller and his allies secured transport rates far lower than those of their bewildered competitors.
"Ida Tarbell, the daughter of an oil man, later remembered how men like her father struggled to make sense of events: 'An uneasy rumor began running up and down the Oil Regions,' she wrote.
"'Freight rates were going up. … Moreover … all members of the South Improvement Company — a company unheard of until now — were exempt. … On every lip there was but one word and that was 'conspiracy.'"
"The electrics had advantages over the internal combustion engine: they required no gear shifting or hand cranking, and had none of the vibration, smell or noise associated with gasoline-powered cars. Lady Luck intervened again on January 10, 1901, when prospectors struck oil at Spindletop in East Texas.
"The gusher blew 100,000 barrels a day and set off the next great oil boom, providing cheap, plentiful oil to the American market and driving down gas prices. It wasn't long before the expensive, low range electric engines were abandoned altogether and big, loud, gas-guzzling engines came to dominate the road..."
"For the oiligarchy, the lesson of the rise and rise of Rockefeller was obvious: the more ruthlessly that monopoly was pursued, the tighter that control was grasped, the greater the lust for power and money, the greater the reward would be in the end. From now on, no invention would derail the oil majors from their quest for total control. No competition would be tolerated. No threat to the oiligarchs would be allowed to rise."
"The cartel had been careful to hide their involvement in National City Lines, but it was revealed to the public in 1946 by... Edwin J. Quinby... He uncovered the oiligarchs' stock ownership of National City Lines and its subsidiaries and detailed how they had step by step bought up and destroyed the public transportation lines in Baltimore, Los Angeles, St. Louis and other major urban centres...
"[I]n 1947 National City Lines was indicted for conspiring to form a transportation monopoly and conspiring to monopolize sales of buses and supplies. In 1949, GM, Firestone, Standard Oil of California and their officers and corporate associates were convicted on the second count of conspiracy.
"The punishment for buying up and dismantling America's public transportation infrastructure? A $5,000 fine. H. C. Grossman, who had been the director of Pacific City Lines when it oversaw the scrapping of LA's $100 million Pacific Electric system, was fined exactly $1."
"In order to win the public over, he was going to have to give them what they wanted. And what they wanted wasn't difficult to understand: money.
"But just as his father, Devil Bill, had taught him to do in all his business dealings, Rockefeller made sure to get the better end of the bargain. He would 'donate' his great wealth to the creation of public institutions, but those institutions would be used to bend society to his will.
"As every would-be ruler throughout history has realized, society has to be transformed from the ground up. Americans in the 19th century still prized education and intellectual pursuits... with a remarkable 93 to 100 percent literacy rate.
"Before the first compulsory schooling laws in Massachusetts in 1852, education was private and decentralized, and as a result... a solid grounding in history and science was widespread. But a nation of individuals who could think for themselves was an anathema to the monopolists. The oiligarchs needed a mass of obedient workers..."
"In our dream, we have limitless resources, and the people yield themselves with perfect docility to our molding hand. The present educational conventions fade from our minds; and, unhampered by tradition, we work our own good will upon a grateful and responsive folk. We shall not try to make these people or any of their children into philosophers or men of learning or science.
"We are not to raise up from among them authors, orators, poets, or men of letters. We shall not search for embryo great artists, painters, musicians. Nor will we cherish even the humbler ambition to raise up from among them lawyers, doctors, preachers, politicians, statesmen, of whom we now have ample supply."
"His brother, Abraham, was an educator who was contracted by the Carnegie Foundation to write a report on the state of the American medical education system. His study, 'The Flexner Report,' along with the hundreds of millions of dollars that the Rockefeller and Carnegie Foundations were to shower on medical research in the coming years, resulted in a sweeping overhaul of the American medical system.
"Naturopathic and homeopathic medicine, medical care focused on unpatentable, uncontrollable natural remedies and cures was now dismissed as quackery; only drug-based allopathic medicine requiring expensive medical procedures and lengthy hospital stays was to be taken seriously...
"The fortunes of Carnegie, Morgan and Rockefeller financed surgery, radiation and synthetic drugs. They were to become the economic foundations of the new medical economy... The oiligarchy birthed entire medical industries from their own research centers and then sold their own products from their own petrochemical companies as the 'cure.'"
"Springboarding from success to success as they consolidated monopolies across every field of human activity, the oiligarchs' ambitions became even larger. This time, their goal was to consolidate control over the very food supply of the world itself, and once again they would use philanthropy as the cover for their business takeover," Corbett explains.
"The players involved in this 'Gene Revolution' are almost identical to the players in the Green Revolution, with I.G. Farben offshoots Bayer CropScience and BASF Plant Science mingling with traditional oiligarch associate companies like Dow AgroScience, DuPont Biotechnology and, of course, Monsanto, all funded by the Rockefeller Foundation..."
"The takeover of education, of medicine, of the monetary system, of the food supply itself, showed that the aim was much greater than a mere oil monopoly: it was the quest to monopolize all aspects of life, to erect the perfect system of control over every aspect of society, every sector from which any threat of competition to their power could emerge... But the oiligarchs are not done yet.
"Their next project, launched in the late 20th century, is almost too ambitious to be comprehended... It is about the monopolization of life itself.
"They have spent decades preparing the path for this takeover and marshaled their mind-boggling resources in service of the task. And the vast majority of the world's population, still playing the shell game that the oiligarchs perfected and abandoned long ago, are about to fall right into their hands yet again."