Antitrust-Isn't: The Story Of Declining Enforcement In America
Capitalisn't
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The Power Memorandum
In 1971, Louis Power wrote a memo saying that the American enterprise system is under severe attack by leftist ideology. He said we need to operate into three directions and I use my words, not his, but capture academics. In particular, the first place to capture are graders' school of businesses. The second, basically be more influential in Congress by using money to be to have a higher influence on the legislative process. And the third one is to capture the Supreme Court and capture in two ways, one by nominating the right people and two by actually bringing the right cases to the court so that they can be pushed in a particular direction.
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