Lloyd, Henry Demarest, << DEHM uh rehst >> (1847-1903), an American writer, won fame for revealing unfair business practices in the United States during the late 1800’s. He criticized the idea that what was good for business was also good for society, and preached that many corporations put their interests ahead of those of the worker, the public, and the government. Lloyd’s exposures introduced a type of probing writing that became known as muckraking (see Muckrakers ).
Lloyd was born in New York City on May 1, 1847. In 1881, he wrote a magazine article accusing Standard Oil Company of receiving lower rates and rebates (returned money) from the railroads. He expanded his attack on big business in a series of books in the late 1800’s. His best-known book was Wealth Against Commonwealth (1894). He died on Sept. 28, 1903.
