AnyDesk

⭐️ Get AnyDesk for free today: https://anydesk.com/spectacles ⭐️ Once upon a time, National Corporations were destroying America. For citations, turn on CC. Sources listed below. — Patreon: https://spectacles.link/patreon Nebula: https://spectacles.link/nebula Merch: https://spectacles.link/shop Discord: https://spectacles.link/discord Script: https://www.spectacles.news/what-happens-when-companies-are-bigger-than-countries/ — About us: Spectacles is a love letter to democracy, its values, its caretakers, and its ideas. Around the world, individual rights and representative government are facing unprecedented attacks from the forces of reaction and revisionism. But despite liberal democracy’s real shortcomings and today’s all-too-fashionable cynicism, we remain committed to its preservation and improvement. Join us as we explore just what liberal democracy is, how it comes about, and how it can best be maintained in a changing world. — SOURCES A. Richard Bensel*, The Political Economy of American Industrialization* (Cambridge University Press, 2000) B. Albro Martin, *James J. Hill and the Opening of the Northwest* (Minnesota Historical Society Press, 1991). C. Christopher Grandy, “New Jersey Corporate Chartermongering, 1875-1929” in *The Journal of Economic History* 49 no. 3 (September 1989), p. 677-692. D. Naomi R. Lamoreaux, *The Great Merger Movement in American Business, 1895-1904*, (Brown University Press, 1985) E. Barry Eichengreen, “Bretton Woods After 50,” in *Review of Political Economy* 33 no. 4 (2021), pp. 552-569. F. Gary Hoover, “Most Valuable Companies: The Last 25 Years,” *American Business History Center*. G. P.D. Casteel, “Rise of Multinational Corporations,” *EBSCO* H. Joseph Politano, “America is Losing Blue Collar Jobs,” in *Apricitas Economics*, 6 January 2026. I. Brad Setser, “The Global Con Hidden in Trump’s Tax Reform Law, Revealed,” in *The New York Times*, 6 February 2019. J. “US will be exempt from global tax deal targeting profits of large multinationals,” in *The Guardian*, 6 January 2026. K. Carlos Waters, “Why Apple, Microsoft, Pfizer and other U.S. multinational corporations set up shop in Ireland,” in *CNBC*, 12 June 2025. L. Eutax. “Global Distribution of Revenue Loss from Tax Avoidance: Re-Estimation and Country Results,” n.d. https://www.taxobservatory.eu/repository/global-distribution-of-revenue-loss-from-tax-avoidance/. M. Theodore Roosevelt. *Theodore Roosevelt: An Autobiography*, 1913. N. Katz, Jonathan M. *Gangsters of Capitalism : Smedley Butler, the Marines, and the Making and Breaking of America’s Empire*. New York: St. Martin’s Press, 2022. O. Theodore Roosevelt. “Address to the New York State Agricultural Association.” Presented at the Labor Day Annual Fair, 1903. https://www.presidency.ucsb.edu/documents/address-the-new-york-state-agricultural-association-syracuse-ny. P. Wikipedia Contributors. “Theodore Roosevelt.” Wikipedia. Wikimedia Foundation, January 30, 2019. https://en.wikipedia.org/wiki/Theodore_Roosevelt. Q. Theodore Roosevelt. “The New Nationalism.” August 31, 1910. https://obamawhitehouse.archives.gov/blog/2011/12/06/archives-president-teddy-roosevelts-new-nationalism-speech. R. Theodore Roosevelt. “The Duties of American Citizenship.” January 26, 1883. https://www.pbs.org/wgbh/americanexperience/features/tr-citizen/. — 00:00 INTRO 05:08 I. INNOVATION, DYSFUNCTION 08:56 II. CONSOLIDATION 12:01 III. CRISIS 15:17 IV. RESOLUTION 19:33 V. THE PATTERN 19:59 VI. TODAY 25:58 VII. LESSONS — Thumbnails designed by The Thumbnail Triumph: https://www.thethumbnailtriumph.com/ Select imagery/video supplied by Getty Images Includes Music by Tom Fox