fabrizio verrecchia/Unsplash Railroad companies of the Gilded Age and modern tech giants can both make claim to a monopoly over the market. The monopolization of the railroad caused concerns because their technological advances were based on profit, rather than societal values. The train companies also had the power to determine who succeeded and who failed in business. As the same concerns arise with tech-giants today, governmental regulation may be the solution.

Topics:  railroad   gilded age   late   americans   businesses   business insidernow   watch   amazon   california   national day   unplugging   feared   tech   power   monopoly   today   concerns   
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  • I stayed at a Gilded Age hotel built by a railroad tycoon. It was cozy but the $478-a-night cost felt steep.
    Described on the hotel's website as a charming Victorian-era inn, The Inn at St. John was established by railroad tycoon John Deering in 1897, toward the end of the Gilded Age. It was originally ...
    10/15/2024 - 3:33 am | View Link
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