Initiated the building of the RW media machine, marked the corporate shift from reluctant adapting to active resistance to environmental and labor regulations with intent to undermine the forces spurring those regulations, and laying the foundations for turning "I got mine, f*** you" economics into a virtue.
https://reclaimdemocracy.org/powell_memo_lewis/
In 1971, Lewis Powell, then a corporate lawyer and member of the boards of 11 corporations, wrote a memo to his friend Eugene Sydnor, Jr., the Director of the U.S. Chamber of Commerce. The memorandum was dated August 23, 1971, two months prior to Powells nomination by President Nixon to the U.S. Supreme Court.
The Powell Memo did not become available to the public until long after his confirmation to the Court. It was leaked to Jack Anderson, a liberal syndicated columnist, who stirred interest in the document when he cited it as reason to doubt Powells legal objectivity. Anderson cautioned that Powell might use his position on the Supreme Court to put his ideas into practice
in behalf of business interests.
Though Powells memo was not the sole influence, the Chamber and corporate activists took his advice to heart and began building a powerful array of institutions designed to shift public attitudes and beliefs over the course of years and decades. The memo influenced or inspired the creation of the Heritage Foundation, the Manhattan Institute, the Cato Institute, Citizens for a Sound Economy, Accuracy in Academe, and other powerful organizations. Their long-term focus began paying off handsomely in the 1980s, in coordination with the Reagan Administrations hands-off business philosophy.
Most notable about these institutions was their focus on education, shifting values, and movement-building a focus we share, though often with sharply contrasting goals.* (See our endnote for more on this.)