John Connally

Business Roundtable Established as CEO Coordination Body for Corporate Political Power

| Importance: 9/10

The Business Roundtable is formally established through merger of three CEO organizations (the March Group, Construction Users Anti-Inflation Roundtable, and Labor Law Study Committee), creating a unique corporate coordination infrastructure where CEOs directly collaborate with government officials …

John Connally Arthur Burns Reginald Jones John Harper U.S. Treasury +1 more business-roundtable corporate-coordination powell-memo ceo-activism state-corporate-coordination
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Nixon Ends Gold Standard, Bretton Woods System Collapses

| Importance: 10/10

On August 15, 1971, President Richard Nixon announced his “New Economic Policy” in a televised address, unilaterally closing the gold window and ending the convertibility of U.S. dollars to gold at the fixed rate of $35 per ounce established under the Bretton Woods system. The …

Richard Nixon John Connally Paul Volcker Arthur Burns economic-policy financial-deregulation institutional-capture neoliberalism
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