Why the 1% is winning, and we are not

Fabius Maximus website

Summary: A cold clear look at the tactics and order of battle of us vs the 1%, plus some thoughts on the requirements to win.

Motto of the 1% Motto of the 1%

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What distinguishes the 1% from the rest of us? Many things (eg, they have more money). But perhaps the most important differences are that they have a clearer view of the world, and well-funded rational plans to change it.

(a) The Powell Memorandum: Sent by Lewis F. Powell, Jr. on 23 August 1971 (2 months before his nomination to Supreme Court) to Eugene B. Sydnor, Jr., Chairman of the Education Committee of the U.S. Chamber of Commerce. Titled Attack On American Free Enterprise System, it outlined a strategy for large corporations to rollback much of the New Deal reforms on business.

(b) The article creating the mythology of tax-cuts as the magic elixir: “Taxes and a Two-Santa…

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