How Post-Watergate Liberals Killed Their Populist Soul

A fascinating piece about the politics of the New Deal and the 1960s, and how the country forgot about the importance of antitrust enforcement.

Here's a tidbit:

By the late 1970s, the populist Brandeisian anti-monopoly tradition — protecting communities by breaking up concentrations of power — had been air-brushed out of the debate. And in doing so, America’s fundamental political vision transformed: from protecting citizen sovereignty to maximizing consumer welfare.