The first source was in the US business community's opposition to New Deal reforms, which, not unlike the propaganda of the Gilded Age millionaires, cast resistance to regulation as a "righteous fight to defend democracy from dictatorship." A second source was the dread of totalitarianism and collectivism incited by World War II and the cold war, a direct inheritance from Hayek. These defensive themes infiltrated and reshaped US political thought, and they gradually transformed policy makers' assumptions about the regulatory role of the state.

Shoshana Zuboff, The Age of Surveillance Cap…, loc. 346