"The oligarchs and corporations, terrified by the mobilization of the left in the 1960s and 1970s — what political scientist Samuel P. Huntington called America’s “excess of democracy” — set out to build counter-institutions to delegitimize and marginalize critics of capitalism and imperialism. They bought the allegiances of the two ruling political parties. They imposed obedience to neoliberalism within academia, government agencies and the press. They neutered the liberal class and crushed popular movements. They unleashed the FBI on anti-war protestors, the civil rights movement, the Black Panthers, the , the Young Lords and other groups that empowered the disempowered. They broke labor unions, leaving 90 percent of the American workforce without union protections. and imperialism, such as Noam Chomsky and Ralph Nader, were blacklisted. The campaign, laid out by in his 1971 memorandum titled “Attack on American Free Enterprise System,” set into motion the creeping corporate coup d’etat, which five decades later, is complete."
Oligarchy

January 1, 1970

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Original Language: English