Reply To: Predatory Pricing


I think I found my answer (please let me know how right or wrong I am);

The Panic of 1873 (which was caused by the burst of the government created Railroad Bubble) caused a depression that freaked everyone out. During that time political and social movements gained influence in opposition to the rooted corporatism responsible for the bubble – Communism, socialism, populism, anarchy and progressivism.