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Invisible Hands w/ Kim Phillips-Fein

The Dig

The Crisis in Business Legitimacy in the Sixties

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The late sixties and early seventies marked a major crisis for business legitimacy. Corporate america was blamed for pollution and for the war in vianam. There was a massive strike wave. A republican president, richard nixon, created both the e p a and ocea in 19 70. But then, there was, of course, a majorrisis for kensianism in the form of stagflation. How did business conservatives analyze their own timacy crisis, and then how did they resolve that crisis? By exploiting the crisis that hit liberalism and keensenism the early seventies.

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