The Capitalist Coup Called Neoliberalism: How and Why It Went Down

https://blackagendareport.com/capitalist-coup-called-neoliberalism-how-and-why-it-went-down
a memo written in 1971 by Lewis Powell. The Powell Memo, or Powell Manifesto, as it has come to be known, made its rounds among corporate, economic, and political elites during this crucial time. Powell, a corporate lawyer, board member of nearly a dozen corporations, and soon-to-be Supreme Court Justice, sent the memo to the Director of the U.S. Chamber of Commerce, Eugene Sydnor, Jr., as a call to action for corporate America. Powell's memo was a diatribe against any and all elements that would dare to question capitalism. While giving mention to "Communists, New Leftists and other revolutionaries who would destroy the entire system, both political and economic," the memo focused on what was viewed as the most immediate threat -- the same "excess of democracy" referred to in the Trilateral Commission's report. "What now concerns us is quite new in