Big Wealth Pushed Back in the 1970s to Regain Power and Influence - David Harvey

This is a clip from Anti-Capitalist Chronicles "The Legitimation Crisis of the late 1960s" in which Prof Harvey describes how US corporate power organized to reclaim the power and influence that they had lost after The New Deal, and social movements of the 1960s.

"They felt by 1975 that their power and their influence had been seriously compromised and they were determined to get it back... One of the ways was to get together and create something called the "Business Roundtable." The Business Roundtable comprised about 60% of the US GDP at the time, and they all sat together and said, "Okay, what are we gonna do?" There was a famous memo from Lewis Powell (who became a supreme supreme court justice) in which he said basically the anti-corporate thing has gone too far, we need to mobilize all of our powers against it."  - Professor David Harvey

Watch the full episode: https://www.youtube.com/watch?v=UGj2coa78x4
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