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How Post-Watergate Liberals Killed Their Populist Soul
- ScottBurson 10y agoA fascinating piece about the politics of the New Deal and the 1960s, and how the country forgot about the importance of antitrust enforcement. Here's a tidbit: By the late 1970s, the populist Brandeisian anti-monopoly tradition — protecting communities by breaking up concentrations of power — had been air-brushed out of the debate. And in doing so, America’s fundamental political vision transformed: from protecting citizen sovereignty to maximizing consumer welfare.