Rockefeller perfected a monopoly that indisputably demonstrated the efficiency of large-scale business. In creating new corporate forms, he charted the way for the modern multinational corporations that came to dominate economic life in the twentieth century. But in so doing he also exposed the manifold abuses that could accompany untrammeled economic power, especially in the threat to elected government. As architect of the first great industrial trust, he proved the ultimately fragile nature of free markets, forcing the government to

