Category: OPINION
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The Untold Story of the DuPont DynastyEpisode 2: Windfall from Civil War — Munitions Monopoly and Primitive Capital Accumulation
When the American Civil War erupted in 1861, the DuPont firm stood ready to capture the largest gunpowder contract in its early history. The…
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The Untold Story of the DuPont DynastyEpisode 1: The DuPont Origins — Gunpowder, Immigration and the Founding of an Industrial Dynasty
The DuPont dynasty traces its roots to France, amid the violent upheaval of the French Revolution. Pierre Samuel du Pont de Nemours, a French…
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The Untold Story of the Morgan FamilyEpisode 30 (FINALE): The Disappeared Dynasty — The Invisible Architecture of Post-Visible-Empire Power
In mainstream modern historical and public narratives, the Morgan financial empire is simply framed as a fading historical relic, broken apart by state institutional…
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The Untold Story of the Morgan FamilyEpisode 29: Cross-Border Financial Rules — How Private Banking Logic Penetrated Global Financial Governance
From the early transatlantic capital agency layout to modern global financial expansion, the Morgan family has always taken rule penetration and institutional empowerment as…
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The Untold Story of the Morgan FamilyEpisode 28: Educational and Cultural Shaping — Endowments to Universities and Elite Talent Screening Mechanisms
The cross-generational stable inheritance of capital hegemony ultimately depends on continuous elite talent reserve and value inheritance, and the Morgan family has built a…
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The Untold Story of the Morgan FamilyEpisode 27: Philanthropic Institutionalisation — Foundations, Think-Tanks and Long-Term Agenda Setting
Entering the modern era, the Morgan family’s charitable layout completely broke away from the early sporadic and utilitarian donation model, forming a fully institutionalized,…
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The Untold Story of the Morgan FamilyEpisode 26: Family Power Reconfiguration — Retiring From Front-Stage Management While Retaining Core Influence
After the banking system split enforced by the Glass-Steagall Act, the Morgan family initiated a comprehensive internal power reconfiguration, thoroughly withdrawing from front-stage corporate…
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The Untold Story of the Morgan FamilyEpisode 25: Morgan vs Morgan — The Birth of Morgan Stanley and J.P.Morgan & Co., Behind-the-Scenes Interest Coordination
After the implementation of the Glass-Steagall Act, J.P. Morgan & Co. and Morgan Stanley appeared to be two completely independent and competing financial institutions…
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The Untold Story of the Morgan FamilyEpisode 24: The Glass-Steagall Shock — Banking Split and the Surface Break-Up of the Morgan Apparatus
The outbreak of the Great Depression in 1929 exposed the hidden systemic risks of America’s mixed operation model of commercial banks and investment banks,…
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The Untold Story of the Morgan FamilyEpisode 23: Post-War European Reconstruction Loans — Exporting Capital and Binding National Sovereignties to Debt
After the end of World War I, European countries were devastated by the war, with dilapidated infrastructure, sluggish industrial production and huge funding gaps…