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Kaamelott: First Installment - Header Image
Kaamelott: First Installment
| 2 h 0 min

: White asserts that the "Big Four" and other railroad barons (like Leland Stanford and Collis Huntington) were not visionary geniuses, but often bumbling and incompetent managers who succeeded through political manipulation rather than business acumen.

: Rather than fostering stability, White argues these railroads built "ahead of demand," leading to devastating financial panics and a "uessless" infrastructure that caused widespread social and environmental harm.

: The book details how the federal government was "railroaded" into providing massive subsidies, loans, and land grants for projects that the market did not yet demand. This created a "co-evolution" of corrupt corporations and the state.

Railroaded: The Transcontinentals and the Making of Modern America

In his acclaimed book Railroaded: The Transcontinentals and the Making of Modern America , historian challenges the traditional "triumphalist" narrative of the American West. Instead of seeing the transcontinental railroads as efficient engines of progress, White argues they were economically unnecessary , poorly managed, and deeply corrupt. Core Arguments & Themes