One of the most apt critiques I read of my post on the deep archeology of Fox News focused on what we might call the counter-revolution of capital, and whether I’d ignored it in telling this thumbnail history of the Movement Conservative counter-establishment. I didn’t ignore it. It’s closely related to, but distinct from, the history I described. They’re like two separate rivers which flow together in the 1970s to create the rightward turn of American politics usually identified with the Reagan revolution. Many of you also referenced a now almost legendary document called the Powell Memo, a genteel call to arms which many now point to as the founding document of the business counter-revolution which began in the 1970s, a kind of Rosetta Stone for unlocking the origins of the modern American right.