The Ad Campaign for Capitalism

Source: The American Prospect
by David Sirota & Jared Jacang Maher

“In 1971, future United States Supreme Court Justice Lewis F. Powell was alarmed. The forces he believed were threatening corporate America (consumer advocates, labor unions, environmentalists, and left-wing radicals) appeared to be gaining momentum. At the center of this movement was a 37-year-old legal crusader named Ralph Nader, whose name had become synonymous with holding corporations accountable. Nader wasn’t just a thorn in the side of big business; he was a bona fide celebrity. Whether he was suing General Motors for concealing auto defects or exposing deceptive advertising practices, Nader dominated headlines, shining a spotlight on corporate misconduct and government corruption. Nader’s crusade for corporate accountability was capturing the public imagination.” [editor’s note: While shorting the stocks of companies he was about to attack – TLK] (10/13/25)

https://prospect.org/power/2025-10-13-lewis-powell-memo-nader-chamber-commerce-master-plan/