borderland/sidebar

Beneath the surface, however, was a less well recognized movement by big business to replace democratic institutions with those representing the interests of capital. This movement is today ascendant. (See Thomas Frank’s new book, The Wrecking Crew: How Conservatives Rule, for a superb analysis of Ronald Reagan’s slogan “government is not a solution to our problem, government is the problem.”) Its objectives have long been to discredit what it called “big government,” while capturing for private interests the tremendous sums invested by the public sector in national defense. It may be understood as a slow-burning reaction to what American conservatives believed to be the socialism of the New Deal.