Phoebus Cartel

Before 1924, the average lifespan of a light bulb was around 2,500 hours. In December 1924, a secret World organization gathered to bring down the average lifespan of a light bulb to just 1,000 hours. This sent ripples into the world economy and this technique is still being used today by corrupt corporations. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices