Virgil — Teddy Roosevelt’s Hammer: How the ‘Great Trust Buster’ Built the American Dream


In his famous “New Nationalism” speech in 1910, the “Great Trust Buster” Teddy Roosevelt described “the struggle of freemen to gain and hold the right of self-government as against the special interests, who twist the methods of free government into machinery for defeating the popular will.” A century ago, that was how one “drained the swamp.” TR knew that the struggle to reform, and thereby secure the full blessings of citizenship, must always be new because in any era, if the struggle for reform ever grows old and tired, then we will lose those blessings. Today, it’s not Standard Oil and the railroads we have to worry about, but rather Silicon Valley and Wall Street.