How did neoliberalism go from fringe idea to ruling ideology in the United States? In this deep-dive episode of Explaining History, we trace the hidden rise of America’s most influential right-wing think tanks—Heritage Foundation, Cato Institute, Manhattan Institute and more—from their birth in the 1970s oil-crisis chaos to their role in dismantling the New Deal order.You’ll discover:• The 1971 Powell Memo that sparked a billionaire-funded “war of ideas”.• How a handful of corporate dynasties (K
Reading time:
1–2 minutes

Explaining History Podcast
For more than a decade, the Explaining History Podcast has helped listeners around the world make sense of modern history. What began in 2012 as a simple experiment—short, accessible episodes explaining major historical events—has grown into a long-running library of carefully researched, thoughtful explorations of the 20th and 21st centuries.
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