Desperate Acts of Capitalism
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63: John Henry Patterson
🕑 Added 2025-01-24 20:00:05 +0000 UTCSabotage. Intimidation. Disinformation and junk mail campaigns. These were the four horsemen of John H. Patterson, the mad king of Dayton, Ohio. As founder of the National Cash Register Company in 1884, he contributed little to the design of the world's first cash registers. As a marketer and ruthless monopolist, he revolutionized sales practices in the United States, building a sprawling empire that went out of its way to gobble up even the most marginal competitors. In time, his monomania and eccentricities led to his own demise, but his legacy as an industrialist was nothing if not complex.
Edited and thumbnail by Noah
Sources:
John H. Patterson–John Patterson rang up success with the incorruptible cashier
By Mark Bernstein
https://www.daytoninnovationlegacy.org/patterson.html
John H. Patterson and the early sales practices of NCR By Jon M. Hawes
Successful Monopolization Through Predation: The National Cash Register Company By Kenneth Brevoort and Howard P. Marvel
https://ideas.repec.org/h/eme/rlwezz/s0193-5895(04)21003-x.html
6 things you didn’t know about NCR’s John Patterson By Allegra Czerwinski
Comments
fffelice
John Henry Patterson, what a lad
Ace Hazel
EEEEY O-H!!!
