
Kurt Andersen
A comprehensive analysis of how America’s political economy was deliberately restructured since the 1970s, leading to rising inequality and insecurity, and a call for collective action to build a fairer future.
The Powell Memo, a confidential 1971 document, played a crucial role in mobilizing corporate America’s political strategy.
Section 1
9 Sections
Imagine a land where everything is new, where the very idea of 'old' holds little sway and the future beckons with promise. This was America, not just a place but a concept — a land conceived as the New World, a blank canvas for reinvention.
As the 18th century gave way to the 19th, the industrial revolution arrived with steam power and mechanization that transformed the nature of work and production. The cotton gin, a marvel of its time, multiplied cotton processing efficiency by twenty or more times, fueling the Southern economy — but also deepening the tragic institution of slavery. Meanwhile, factories began to gather workers into regimented spaces, replacing artisanal independence with wage labor, often under harsh conditions.
Yet, the economy grew rapidly. Cities like Chicago and New York swelled, railroads and telegraph lines stitched the expansive frontier, and the average citizen’s share of wealth began to rise.
Throughout this era, America’s identity as a land of the new fueled optimism and relentless change. But even as progress surged forward, the seeds of tension were sown — between innovation and exploitation, between the promise of newness and the persistence of inequality. This tension would shape the American experience for centuries to come.
As we move forward, we’ll see how this embrace of the new reached a cultural and economic peak in the 1960s, setting the stage for the profound upheavals and reactions that followed. Let’s journey next into the vibrant, transformative decade when America seemed to be rushing headlong into the future.
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