4min chapter

Historiansplaining: A historian tells you why everything you know is wrong cover image

Taking Stock of Money in Politics: The Powell Memo Fifty Years Later

Historiansplaining: A historian tells you why everything you know is wrong

CHAPTER

Powell's Reversal of the American Enterprise System

Powell cites incidents of violence towards certain businesses, which was happening in the early seventies. He puts blame for this kind of new criticism or opposition to the enterprise system on academia and intellectuals. But again, rather than discussing the reasons behind it, he blames it repeatedly on the media. And so naturally, a reversal, of course, is simply the obvious, natural course of action.

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