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What do you think of my history paper? Industrialization (1870-1896)? Industrialization (1870-1896) A paragraph presenting the conflict from the perspective of labor A paragraph presenting the conflict from the perspective of business Labor thought businesses were a danger to America. They had too much power and too much power in politics. Laborers thought that corporations were creating a corrupt government. Corporations were bankrupting small companies because of lowering prices below market value. Laborers were angry with corporations and trusts. They wanted Congress to pass laws to limit the power of corporations. Laborer’s convinced congress to pass laws to limit corporation’s power. The first one was Sherman Antitrust Act of 1890 which outlawed all conspiracies, contracts, or combinations designed to “restrain trade.” The oil family was broken into smaller companies such as Exxon, Chevron, Esso and others by the Supreme Court. This did not work too well though. Another act was passed by congress. The Clayton Antitrust Act of 1914 listed several illegal “restraints of trade”, prohibited false advertising; corporations offering big discounts and pricing things before market price. That is the major reason how small companies were bankrupted. This limited the power of corporations. Business believed that a capitalist system would be good for everyone. The Laborers disagreed because they thought it would corrupt the government. Business believed that large corporations and trusts would benefit the economy of America. This was true. They thought that transportation would benefit the economy which it did. Railroads reduced immensely reduced the traveling time.