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" The managerial character of capital assumes particular significance in light of the fact that no distinct, self-conscious conservative ideology existed in the United States before the mid-twentieth century. The major exception was the Civil War era’s Southern apologists for slavery. Modern conservatism was a post–World War II invention. And when capitalism and conservatism merged in the latter part of the twentieth century, "

, Democracy Incorporated: Managed Democracy and the Specter of Inverted Totalitarianism


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 quote : The managerial character of capital assumes particular significance in light of the fact that no distinct, self-conscious conservative ideology existed in the United States before the mid-twentieth century. The major exception was the Civil War era’s Southern apologists for slavery. Modern conservatism was a post–World War II invention. And when capitalism and conservatism merged in the latter part of the twentieth century,