Institutional Capture

South Dakota abolishes Rule Against Perpetuities, enabling dynasty trusts and tax haven status

| Importance: 8/10

South Dakota became the first U.S. state to abolish the common-law Rule Against Perpetuities, ending centuries of legal precedent designed to prevent families from holding wealth in trusts forever. The legislature enacted SDCL Section 43-5-8 declaring “The common-law rule against perpetuities …

South Dakota Legislature tax-evasion wealth-concentration regulatory-capture institutional-capture financial-secrecy
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Corrections Corporation of America Founded in Nashville, Launching Modern Private Prison Industry

| Importance: 9/10

Thomas W. Beasley (chairman of the Tennessee Republican Party), Robert Crants, and T. Don Hutto found Corrections Corporation of America (CCA) in Nashville, Tennessee, creating the first modern for-profit prison company. After a 15-minute presentation on Valentine’s Day 1983, Massey Burch …

Thomas W. Beasley Robert Crants T. Don Hutto Corrections Corporation of America (CCA) Massey Burch Investment Group +1 more private-prison prison-industrial-complex mass-incarceration corporate-lobbying institutional-capture +1 more
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Heritage Foundation Expands to 100+ Staff with $10 Million Budget During Reagan Administration Peak Influence

| Importance: 8/10

The Heritage Foundation reached over 100 staff members and a $10 million annual budget by 1983, representing explosive growth during the Reagan administration’s implementation of Heritage policy recommendations. In just six years since Ed Feulner became president in 1977, Heritage had grown …

Heritage Foundation Edwin Feulner Ronald Reagan Richard Scaife State Policy Network +1 more heritage-foundation conservative-movement think-tank-influence institutional-capture dark-money +3 more
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Josemaria Escriva Beatified Despite Controversies

| Importance: 6/10

Pope John Paul II granted Opus Dei status as a personal prelature in 1982, a pivotal moment in the organization’s history. This decision came amid significant controversy, with theologians and scholars questioning the rapid elevation of Opus Dei’s founder, Josemaría Escrivá. The …

Pope John Paul II Josemaria Escriva Vatican beatification opus-dei vatican-influence conservative-catholicism institutional-capture
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CNP Completes "Three-Legged Stool" with Heritage and ALEC - Coordination Infrastructure Operational

| Importance: 10/10

By the end of 1981, Paul Weyrich had established the three core institutions that would serve as the infrastructure for conservative movement coordination for the next four decades: Heritage Foundation (policy research), ALEC (state legislation), and CNP (coordination hub).

Weyrich co-founded …

Council for National Policy Heritage Foundation ALEC Paul Weyrich cnp conservative-movement heritage-foundation alec coordination +2 more
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Council for National Policy Founded with Schlafly as Founding Member, Creating Elite Conservative Network

| Importance: 9/10

The Council for National Policy (CNP) is founded by Tim LaHaye, Paul Weyrich, Richard Viguerie, Morton Blackwell, Phyllis Schlafly, Nelson Bunker Hunt, Joseph Coors, and approximately 50 other conservatives who begin meeting every Wednesday morning at Viguerie’s Virginia home. The CNP is …

Phyllis Schlafly Council for National Policy Tim LaHaye Paul Weyrich Richard Viguerie +4 more conservative-movement dark-money institutional-capture elite-networks religious-right
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Schlafly and Falwell Joint Rally Demonstrates Religious Right Coalition Unity

| Importance: 8/10

Phyllis Schlafly and Jerry Falwell headline an ‘I Love America—Stop ERA Rally’ in front of the Illinois state capitol, publicly demonstrating the emerging unity of the Religious Right coalition that Schlafly had been building since 1972. The rally symbolizes a historic breakthrough: the …

Phyllis Schlafly Jerry Falwell Eagle Forum Moral Majority Thomas Road Baptist Church religious-right conservative-movement anti-feminism coalition-building institutional-capture
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Refugee Act of 1980 Establishes Systematic Asylum Process, Becomes Target of Enforcement Capture

| Importance: 8/10

President Jimmy Carter signs the Refugee Act of 1980, the first comprehensive reform of U.S. refugee policy since the Displaced Persons Act of 1948. The legislation adopts the United Nations definition of refugee as anyone with a “well-founded fear of persecution” based on race, …

Jimmy Carter Edward Kennedy U.S. Congress United Nations High Commissioner for Refugees Department of State immigration refugee-policy asylum cold-war institutional-capture
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Federation for American Immigration Reform Founded, Launching Modern Nativist Movement Infrastructure

| Importance: 8/10

Dr. John Tanton, a Michigan ophthalmologist and former Sierra Club population committee chair, founds the Federation for American Immigration Reform (FAIR) in Washington, D.C., establishing the organizational infrastructure for the modern nativist movement. Initially framing immigration restriction …

John Tanton Federation for American Immigration Reform (FAIR) Pioneer Fund Cordelia Scaife May Roger Conner immigration nativism white-nationalism think-tank institutional-capture +1 more
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Corporate Lobbying Presence Quintuples in Washington, D.C.

| Importance: 8/10

By the end of the 1970s, corporate public affairs offices in Washington dramatically expanded from 100 in 1968 to over 500, with registered corporate lobbyists increasing from 175 in 1971 to nearly 2,500. This unprecedented mobilization, influenced by the Powell Memo, represented a systematic …

U.S. Chamber of Commerce Corporate Lobbying Industry Lewis Powell Fortune 500 Leadership capture-cascade corporate-lobbying washington-dc institutional-capture political-infrastructure +1 more
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Edwin Feulner Becomes Heritage Foundation President, Beginning 36-Year Tenure Building Conservative Policy Infrastructure

| Importance: 9/10

Edwin J. Feulner Jr., co-founder of the Heritage Foundation in 1973, assumed the presidency of the conservative think tank in 1977, beginning what would become a transformative 36-year tenure that built Heritage from a modest Capitol Hill operation with 9 staff members into the preeminent …

Edwin Feulner Heritage Foundation Paul Weyrich Richard Scaife Joseph Coors +3 more heritage-foundation conservative-movement think-tank-influence institutional-capture dark-money +4 more
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Corporate PAC Explosion: 433 New Corporate PACs Formed in Post-Buckley Era

| Importance: 8/10

Following the Buckley v. Valeo decision, corporations rapidly established Political Action Committees to influence elections. The number of corporate PACs grew from 89 in 1974 to 1,206 by 1980 - a 1,254% increase. This represented a systematic corporate mobilization to capture political influence, …

Corporate America Business Roundtable Chamber of Commerce FEC corporate-pacs campaign-finance systematic-corruption institutional-capture
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Supreme Court Allows Metropolitan-Wide Housing Desegregation Remedy

| Importance: 7/10

The Supreme Court rules in Hills v. Gautreaux that metropolitan-wide remedies are permissible for housing discrimination, distinguishing the case from its Milliken v. Bradley school desegregation decision that limited remedies to municipal boundaries. Justice Potter Stewart’s opinion finds …

U.S. Supreme Court Justice Potter Stewart U.S. Department of Housing and Urban Development Chicago Housing Authority Leadership Council for Metropolitan Open Communities institutional-capture racial-oppression housing-policy legal-resistance
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Supreme Court Rules Money Is Speech in Buckley v. Valeo

| Importance: 10/10

On January 30, 1976, the Supreme Court issued its landmark per curiam decision in Buckley v. Valeo, fundamentally transforming American campaign finance law by establishing that spending money on political campaigns constitutes protected speech under the First Amendment. The case challenged the …

Supreme Court Lewis F. Powell Jr. James Buckley Eugene McCarthy Francis Valeo +1 more campaign-finance supreme-court institutional-capture judicial-activism
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Boston Busing Crisis Erupts, Northern White Resistance to Desegregation

| Importance: 8/10

Court-ordered school desegregation begins in Boston amid massive white violence and resistance, shattering illusions that Northern cities differ from Southern segregation. Following Judge W. Arthur Garrity Jr.’s June 1974 ruling in Morgan v. Hennigan that Boston School Committee …

Judge W. Arthur Garrity Jr. Louise Day Hicks Restore Our Alienated Rights Boston School Committee institutional-capture racial-oppression housing-policy education-policy
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ERISA Pension Law Creates Framework for Corporate Benefit Cuts

| Importance: 7/10

President Gerald Ford signed the Employee Retirement Income Security Act (ERISA) into law on September 2, 1974, Labor Day, following near-unanimous passage in Congress (85-0 in the Senate, with only two House representatives opposed). The legislation responded to catastrophic pension failures like …

Gerald Ford Jimmy Hoffa labor-rights corporate-profit pension-theft institutional-capture
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HMO Act Enables For-Profit Healthcare Expansion

| Importance: 8/10

President Richard Nixon signed the Health Maintenance Organization Act of 1973 into law on December 29, 1973, following Senate sponsorship by Edward Kennedy. The Act provided grants and loans to start or expand Health Maintenance Organizations (HMOs), removed certain state restrictions for federally …

Richard Nixon John Ehrlichman Edward Kennedy Edgar Kaiser healthcare-profiteering institutional-capture corporate-profit privatization
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U.S. Chamber of Commerce Board Adopts Powell Memo Task Force Recommendations

| Importance: 9/10

The U.S. Chamber of Commerce Board of Directors formally adopts recommendations from a 40-member task force of business executives convened to review and implement Lewis Powell’s 1971 memo. The task force, comprised of executives from U.S. Steel, General Electric, ABC, General Motors, CBS, 3M, …

U.S. Chamber of Commerce Eugene B. Sydnor Jr. Lewis F. Powell Jr. powell-memo corporate-strategy institutional-capture business-coordination
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Chicago Boys Initiate Radical Economic Shock Therapy Under Pinochet's Dictatorship

| Importance: 9/10

In the aftermath of the 1973 Chilean coup, the Chicago Boys, a group of economists trained by Milton Friedman at the University of Chicago, began implementing radical free-market economic reforms under Augusto Pinochet’s dictatorship. Their ‘shock therapy’ approach involved rapid …

Milton Friedman Arnold Harberger Augusto Pinochet The Chicago Boys Amartya Sen economic-shock-therapy neoliberalism chile-economic-policy psychological-manipulation institutional-capture
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Eagle Forum Founded as Permanent Conservative Infrastructure for 'Pro-Family' Organizing

| Importance: 9/10

Phyllis Schlafly founds Eagle Forum in Alton, Illinois, creating permanent institutional infrastructure for conservative social activism that will last for decades. Initially created to coordinate the STOP ERA campaign, Eagle Forum quickly grows into a comprehensive conservative advocacy …

Phyllis Schlafly Eagle Forum New Right conservative-movement religious-right institutional-capture anti-feminism political-infrastructure
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Powell Memo Leaked to Public, Exposing Corporate Institutional Capture Blueprint

| Importance: 8/10

Syndicated columnist Jack Anderson publishes the confidential Powell Memo in his “Washington Merry Go Round” column, exposing Lewis Powell’s August 1971 corporate blueprint for institutional capture to public scrutiny. The leak occurs over a year after Powell wrote the memo and …

Jack Anderson Lewis F. Powell Jr. U.S. Chamber of Commerce powell-memo corporate-strategy institutional-capture media-exposure
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Phyllis Schlafly Launches STOP ERA Campaign, Pioneering Anti-Feminist Infrastructure

| Importance: 9/10

Phyllis Schlafly launches her STOP ERA campaign with an article titled ‘What’s Wrong with Equal Rights for Women?’ published in her February 1972 newsletter, fundamentally reshaping American conservative politics and pioneering the anti-feminist movement. After being asked to …

Phyllis Schlafly STOP ERA Catholic Church Evangelical Christians Mormon Church anti-feminism religious-right conservative-movement grassroots-organizing institutional-capture
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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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Supreme Court Rules 1866 Civil Rights Act Bans Private Housing Discrimination

| Importance: 7/10

The Supreme Court issues a 7-2 decision in Jones v. Alfred H. Mayer Co., holding that Congress can regulate private property sales to prevent racial discrimination under the Thirteenth Amendment’s power to eliminate “badges and incidents of slavery.” The case centers on Joseph Lee …

U.S. Supreme Court Joseph Lee Jones Alfred H. Mayer Company institutional-capture racial-oppression housing-policy legal-resistance
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Vietnam War Defense Contractor Profiteering Reaches Peak as Congressional Investigations Expose Waste and Corruption

| Importance: 7/10

Defense contractor profiteering from the Vietnam War reaches extraordinary levels as the RMK-BRJ construction consortium alone holds contracts officially estimated to reach at least $900 million by November 1967. Over 60% of all construction work in South Vietnam during the war is accomplished by …

RMK-BRJ consortium Brown & Root (Halliburton) Lockheed Boeing General Dynamics +1 more military-industrial-complex war-profiteering corporate-corruption government-waste institutional-capture
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Dorothy Gautreaux Lawsuit Challenges Chicago Public Housing Segregation

| Importance: 7/10

Dorothy Gautreaux, a community organizer and resident of the Altgeld Gardens public housing project on Chicago’s South Side, becomes lead plaintiff in a landmark class-action lawsuit filed by six Black tenants with help from the American Civil Liberties Union. The suit alleges that the Chicago …

Dorothy Gautreaux Chicago Housing Authority American Civil Liberties Union (ACLU) U.S. Department of Housing and Urban Development institutional-capture racial-oppression housing-policy legal-resistance
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HUD Created as Cabinet Department, Inherits FHA Discriminatory Practices

| Importance: 7/10

President Johnson signs legislation creating the Department of Housing and Urban Development (HUD) as a Cabinet-level agency, consolidating federal housing programs under one roof. Robert C. Weaver becomes the first HUD Secretary and the first African American Cabinet member. However, HUD inherits …

President Lyndon B. Johnson Robert C. Weaver National Association of Home Builders National Association of Real Estate Boards housing-policy institutional-capture civil-rights housing
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Medicare and Medicaid Signed Into Law After Defeating Decades of AMA Opposition and Reagan Propaganda Campaign

| Importance: 8/10

President Lyndon B. Johnson signs the Social Security Amendments of 1965 into law at the Truman Presidential Library in Independence, Missouri, creating Medicare and Medicaid with former President Harry Truman at his side. The legislation provides federal health insurance for Americans over 65 …

President Lyndon B. Johnson President Harry S. Truman American Medical Association Ronald Reagan Wilbur Mills healthcare institutional-capture corporate-resistance lobbying propaganda
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Gulf of Tonkin Resolution Passes Based on Fabricated Second Attack Authorizing Vietnam War Escalation

| Importance: 9/10

Congress passes the Gulf of Tonkin Resolution with near-unanimous support (416-0 in the House, 88-2 in the Senate), granting President Johnson broad war powers to use military force in Southeast Asia without a formal declaration of war. The resolution responds to reported attacks on U.S. Navy …

President Lyndon B. Johnson Secretary of Defense Robert McNamara National Security Agency U.S. Congress military-industrial-complex war-profiteering government-deception institutional-capture intelligence-manipulation
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Civil Rights Act of 1964 Passes After Filibuster Defeats Corporate Southern Resistance

| Importance: 9/10

President Lyndon B. Johnson signs the Civil Rights Act of 1964 into law, prohibiting discrimination based on race, color, religion, sex, or national origin in employment and public accommodations. The legislation passes only after defeating a 60-working-day filibuster led by the “Southern …

President Lyndon B. Johnson Southern Democratic Senators Richard Russell Strom Thurmond Southern business interests +1 more civil-rights institutional-capture southern-strategy corporate-resistance voting-rights
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Phyllis Schlafly Publishes 'A Choice Not an Echo,' Launching Conservative Movement Infrastructure

| Importance: 8/10

Phyllis Schlafly self-publishes ‘A Choice Not an Echo,’ a 128-page polemic attacking the Republican establishment and supporting Barry Goldwater’s presidential campaign. The book becomes an instant phenomenon, selling over three million copies by summer 1964 and bringing Schlafly …

Phyllis Schlafly Barry Goldwater John Birch Society Republican Party conservative-movement institutional-capture political-infrastructure grassroots-organizing
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President Eisenhower's Farewell Address Warns Against Military-Industrial Complex

| Importance: 10/10

In his nationally televised farewell address from the Oval Office, President Dwight D. Eisenhower issued one of the most prescient warnings in American political history about the dangers of the military-industrial complex. The five-star general and Republican president who had led Allied forces in …

Dwight D. Eisenhower Malcolm Moos Ralph Williams Milton Eisenhower military-industrial-complex defense-contractors institutional-capture presidential-warning corporate-power
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Roy Cohn Establishes Blackmail and Intimidation Network

| Importance: 8/10

In early 1953, Roy Cohn begins developing a systematic blackmail infrastructure during the McCarthy Senate hearings, leveraging anti-communist hysteria and homophobic tactics to gather compromising information on political and cultural figures. As 24-year-old chief counsel to Senator Joseph …

Roy Cohn Joseph McCarthy J. Edgar Hoover FBI Genovese Crime Family blackmail political-manipulation mccarthy-era intelligence-operations organized-crime +2 more
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NSC-68 Directive Creates Permanent Military-Industrial Establishment - Defense Spending to Triple

| Importance: 9/10

President Harry S. Truman received National Security Council directive NSC-68, a 66-page top-secret policy paper that would fundamentally transform American defense policy by calling for “full mobilization of the U.S. economy during peacetime”—an unprecedented measure that created the …

Harry S. Truman Paul Nitze Dean Acheson George Kennan Louis Johnson military-spending defense-policy cold-war permanent-war-economy institutional-capture
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Housing Act of 1949 Creates Urban Renewal Program, Becomes "Negro Removal"

| Importance: 8/10

President Truman signs the Housing Act of 1949, establishing the Title I Urban Renewal Program that provides federal grants to local governments for slum clearance and redevelopment. While the act sets a goal of ensuring “a suitable home and decent living environment for all Americans,” …

U.S. Congress President Harry Truman Local Redevelopment Agencies institutional-capture racial-oppression housing-policy economic-strategy
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Supreme Court Rules Racially Restrictive Housing Covenants Unenforceable

| Importance: 7/10

The Supreme Court issues a unanimous 6-0 decision in Shelley v. Kraemer, holding that racially restrictive housing covenants cannot be judicially enforced without violating the Equal Protection Clause of the Fourteenth Amendment. The case arises when Louis Kraemer sues to prevent the Shelley family, …

U.S. Supreme Court Chief Justice Fred Vinson NAACP Legal Defense Fund institutional-capture racial-oppression housing-policy legal-resistance
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Levittown Opens as America's First Suburb With Explicit Whites-Only Policy

| Importance: 8/10

Levittown, regarded as America’s first modern planned suburb, opens on Long Island to accommodate returning World War II veterans with “Clause 25” in housing agreements explicitly forbidding homes “from being used or occupied by any person other than members of the Caucasian …

William Levitt Levitt & Sons Federal Housing Administration Veterans Administration institutional-capture racial-oppression housing-policy systematic-corruption
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James Forrestal Becomes First Defense Secretary, Fusing Wall Street Financial Power with Pentagon

| Importance: 8/10

James Vincent Forrestal, a successful Wall Street financier who ran the investment bank Dillon, Read & Co., becomes the first United States Secretary of Defense when the National Military Establishment is formally established. Forrestal’s appointment represents the archetypal revolving …

James Forrestal Harry Truman Department of Defense Dillon, Read & Co. military-industrial-complex revolving-door wall-street-capture defense-policy institutional-capture +1 more
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National Security Act Establishes Permanent Warfare State and Military-Industrial Framework

| Importance: 9/10

President Truman signs the National Security Act, merging military departments into the National Military Establishment (later Department of Defense), creating the CIA and National Security Council, and establishing the National Security Resources Board to coordinate military, industrial, and …

Harry S. Truman U.S. Congress Department of Defense Central Intelligence Agency National Security Council military-industrial-complex national-security-state intelligence-agencies defense-industry institutional-capture
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Anti-Communist Loyalty Oaths and Taft-Hartley Act Weaponized to Crush Labor Movement

| Importance: 8/10

After World War II, as worker militancy swept the country, the right-wing struck back with the Taft-Hartley Act, passed by a Republican Congress over President Truman’s veto on June 23, 1947. The bill used the threat of communist subversion to justify rolling back advantages labor had gained …

Robert A. Taft Fred A. Hartley CIO AFL CPUSA labor-rights red-scare institutional-capture corporate-power union-busting
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Truman Proposes National Health Insurance, AMA Mobilizes Unprecedented Opposition Campaign

| Importance: 8/10

President Harry S. Truman becomes the first sitting president to propose a comprehensive national health insurance program, sending a special message to Congress calling for federal health insurance that would cover all Americans regardless of employment status. Truman declares healthcare …

Harry S. Truman American Medical Association Morris Fishbein Robert Taft Whitaker and Baxter healthcare institutional-capture lobbying propaganda ama +1 more
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HUAC Made Permanent Standing Committee, Institutionalizes Political Persecution

| Importance: 8/10

On January 3, 1945, the House of Representatives votes to make the Dies Committee a permanent standing committee, renamed the House Un-American Activities Committee (HUAC). Mississippi Representative John Rankin, a virulent segregationist and antisemite, engineers the transformation through a …

House of Representatives John Rankin Martin Dies House Un-American Activities Committee red-scare political-persecution civil-liberties institutional-capture legislative-overreach
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Anaconda Wire and Cable Indicted for $6 Million Fraud Selling Defective Equipment

| Importance: 7/10

The Justice Department indicts Anaconda Wire and Cable Company and five employees for conspiracy to defraud the United States by supplying defective wire and cable for combat use. Lend-Lease shipments to the Soviet Union were 50% defective, prompting an official Soviet protest. Despite pleading …

Anaconda Wire and Cable Company Department of Justice Truman Committee Francis Biddle war-profiteering defense-industry corporate-impunity institutional-capture
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Committee for Economic Development Founded as Business-Government Policy Coordination Body

| Importance: 8/10

The Committee for Economic Development (CED) is founded in September 1942 as a nonprofit policy organization bringing together corporate executives, economists, and government officials to coordinate economic policy. The organization originates within the Commerce Department under FDR’s …

Committee for Economic Development Paul G. Hoffman William Benton Marion B. Folsom Jesse Jones +1 more corporate-lobbying policy-coordination ced business-roundtable-precursor institutional-capture
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War Production Board Establishes Corporate-Government Fusion Model

| Importance: 8/10

President Franklin D. Roosevelt creates the War Production Board (WPB) to coordinate wartime production, staffing it with corporate executives as ‘dollar-a-year men.’ This establishes a precedent for corporate-government partnership where business leaders shape government policy while …

Franklin D. Roosevelt Donald Nelson War Production Board Defense contractors William Knudsen corporate-government-fusion war-profiteering revolving-door defense-industry institutional-capture
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FHA Underwriting Manual Formalizes Racial Covenants, Physical Segregation

| Importance: 8/10

The Federal Housing Administration publishes its Underwriting Manual, which establishes formal mortgage lending requirements that institutionalize racism and segregation within the housing industry. The manual emphasizes the negative impact of “infiltration of inharmonious racial groups” …

Federal Housing Administration U.S. Department of Housing and Urban Development institutional-capture racial-oppression housing-policy systematic-corruption
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National Association of Manufacturers Launches Unprecedented Multi-Million Dollar Anti-New Deal Propaganda Campaign

| Importance: 8/10

In 1935, the National Association of Manufacturers (NAM) under president Robert Lund launches what Business Week headlines as “The NAM Declares War” (December 14, 1935)—an unprecedented multi-million dollar propaganda campaign to discredit Roosevelt’s New Deal and promote …

National Association of Manufacturers Robert Lund Du Pont General Motors AT&T +3 more corporate-resistance propaganda new-deal institutional-capture media-manipulation +1 more
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Marine General Smedley Butler Testifies to Congressional Committee About Wall Street Plot to Overthrow FDR

| Importance: 9/10

On November 20, 1934, the U.S. House of Representatives Special Committee on Un-American Activities (McCormack-Dickstein Committee) begins secret testimony from retired Marine Corps Major General Smedley Butler, who alleges that wealthy Wall Street financiers plotted to overthrow President Franklin …

Smedley Butler McCormack-Dickstein Committee Gerald MacGuire J.P. Morgan interests Du Pont family +2 more corporate-resistance new-deal institutional-capture coup-attempt military-industrial-complex +1 more
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American Liberty League Founded by Du Pont Family and Corporate Elite to Oppose New Deal

| Importance: 8/10

On August 22, 1934, the American Liberty League is announced in Washington, D.C., as a purportedly bipartisan organization to defend the U.S. Constitution against “radical” New Deal policies, with Jouett Shouse appointed as president. The League’s formation represents the first …

Irénée du Pont John Jacob Raskob Jouett Shouse Al Smith John W. Davis +4 more corporate-resistance new-deal propaganda institutional-capture think-tanks +2 more
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Federal Housing Administration Created, Institutionalizes Racial Segregation

| Importance: 9/10

The National Housing Act creates the Federal Housing Administration, which immediately implements systematic racial discrimination through mortgage underwriting guidelines. From its first operations in 1934, FHA staff conclude that no loan could be economically sound if the property was located in a …

Federal Housing Administration Federal Home Loan Bank Board U.S. Chamber of Commerce institutional-capture racial-oppression housing-policy systematic-corruption
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