Why not stakeholder action? There's no economic principal that says that management should be responsive to shareholders, in fact you can read in texts of business economics that they could just as well have a system in which the management is responsible to stakeholders.

That is [Edward Said] proposal as to how the term should be used. It surely does not describe those who are called "intellectuals" in standard usage, as he would be the first to agree.

The more you can increase fear of drugs and crime, welfare mothers, immigrants and aliens, the more you control all the people.

In fact, the capitalist class in the '50s was sort of part of a social contract. It was part of the tenor of the times.

A lot of people who voted for Trump, working class people, voted for Obama in 2008. They were seduced by the slogans "hope" and "change." They didn't get hope, they didn't get change, they were disillusioned. This time they voted for another candidate who is calling for hope and change and has promised to deliver all kinds of amazing things.

Caterpillar was quite important because that was the first manufacturing industry that used Reaganite strike-breaking techniques. They illegally called in scabs to break a major strike. It was reported pretty well in the Chicago Tribune, who pointed out something very interesting. They said that the workers got very little support in Peoria when scabs illegally broke the strike, and that was particularly striking because that whole community had been built up by the union - it was a union-based community.

That's our nuclear weapons strategy [going to frighten people], as of the early post-Cold War years. And I think this is a real failure of the intellectual community, including scholarship and the media. It's not like you had headlines all over the place. And it's not secret, the documents are there. And I think that's probably the right picture.