• 5:37 - 7:56
Shamangineer | Fascism: The History, The Psychology, & The Re-emergence
Civil War Profiteering and the Rise of Corporate Power
The American Civil War served as a turning point where corporations amassed massive profits through procurement contracts and used the chaos to corrupt legislators. Abraham Lincoln warned that corporations had been enthroned and that a money power would seek to prolong its reign by aggregating wealth in a few hands. Following the war, legal restrictions were eroded, and courts began granting corporations unprecedented rights and privileges.