Koch Industries
| Line 1: | Line 1: | ||
'''Koch Industries''' (pronounced "coke") is a [[Kansas]]-based privately held corporation led by brothers Charles and David Koch, heirs to the Fred Koch [[oil]] fortune. Funds donated from the Koch Industries fortune are donated through several foundations grouped as the Koch Family Foundations. Fred Koch was one of the founding members and major funders of the [[John Birch Society]] but his sons converted to [[libertarianism]] and set up and funded several major libertarian think tanks in the late 1970s, most notably the [[Cato Institute]]. The Koch brothers were also major funders of the [[Libertarian Party]] from 1976 to 1983. They withdrew their funding after 1983 to focus on trying to spread libertarian ideas through major party politics and Beltway think tanks like Cato. Their role within the Libertarian Party was initially welcomed -- David Koch was even nominated as the party's 1980 vice-presidential candidate -- but later controversial as they were felt by some more hard-core libertarian activists to be more interested in party machine politics than in libertarian purity, which eventually caused the 1983 split in the party when the Kochs and Cato's Ed Crane left. | '''Koch Industries''' (pronounced "coke") is a [[Kansas]]-based privately held corporation led by brothers Charles and David Koch, heirs to the Fred Koch [[oil]] fortune. Funds donated from the Koch Industries fortune are donated through several foundations grouped as the Koch Family Foundations. Fred Koch was one of the founding members and major funders of the [[John Birch Society]] but his sons converted to [[libertarianism]] and set up and funded several major libertarian think tanks in the late 1970s, most notably the [[Cato Institute]]. The Koch brothers were also major funders of the [[Libertarian Party]] from 1976 to 1983. They withdrew their funding after 1983 to focus on trying to spread libertarian ideas through major party politics and Beltway think tanks like Cato. Their role within the Libertarian Party was initially welcomed -- David Koch was even nominated as the party's 1980 vice-presidential candidate -- but later controversial as they were felt by some more hard-core libertarian activists to be more interested in party machine politics than in libertarian purity, which eventually caused the 1983 split in the party when the Kochs and Cato's Ed Crane left. | ||
| − | More recently the Kochs have been putting their money into politicians of both major parties, mostly incumbents, and giving far more to Republicans than Democrats. While they continue to fund some libertarian think tanks they also now fund [[conservative]] think tanks. They have recently been a source of increasing controversy and claims that they are a major funding source behind [[global warming]] denial groups and the [[Tea Party movement]].<ref name="Covert">[http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer ''Covert Operations''], by Jane Mayer</ref> While one major Tea Party group, FreedomWorks, had its origins in a 2004 split between conservative and libertarian factions in the Koch-founded group Citizens for a Sound Economy, the Kochs do not have any relation now to FreedomWorks and haven't for years. (FreedomWorks was the conservative side of that split, merged with Empower America -- a group founded by neocons like William Bennett, Jeanne Kirkpatrick, and Jack Kemp -- and is now led by [[Dick Armey]]). | + | More recently the Kochs have been putting their money into politicians of both major parties, mostly incumbents, and giving far more to Republicans than Democrats. While they continue to fund some libertarian think tanks they also now fund [[conservative]] think tanks. They have recently been a source of increasing controversy and claims that they are a major funding source behind [[global warming]] denial groups and the [[Tea Party movement]].<ref name="Covert">[http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer ''Covert Operations''], by Jane Mayer</ref> While one major Tea Party group, FreedomWorks, had its origins in a 2004 split between conservative and libertarian factions in the Koch-founded group Citizens for a Sound Economy, the Kochs do not have any relation now to FreedomWorks and haven't for years. (FreedomWorks was the conservative side of that split, merged with Empower America -- a group founded by neocons like William Bennett, Jeanne Kirkpatrick, and Jack Kemp -- and is now led by [[Dick Armey]]). David Koch was responsible for founding [[Americans for Prosperity]], a [[Tea Party movement|Teabagger]] [[astroturf]] group. Koch denied involvement but video later leaked of him at Teabagger parties. |
| + | However, it is also true that the Kochs joined with [[George Soros]] to donate to the [[American Civil Liberties Union]] to help them fight the [[Patriot Act]] after 9/11, and Koch (and Soros) money has also gone to sentencing reform and drug policy reform groups, both of which tend to be ignored by Koch critics who portray the Koch network as more conventionally conservative, as opposed to what they really still are: libertarian. This hasn't stopped them from dumping large amounts of money into the political campaigns of many Republicans and conservative Democrats alike who may not share their libertarian views on most things. | ||
Among both hard-core libertarians and progressives wary of the influence of Koch money though, their network of organizations and funding has earned them a nickname, the '''Kochtopus''', and a watchdog group has called Koch Industries "the Standard Oil of our times."<ref name="Covert"/> | Among both hard-core libertarians and progressives wary of the influence of Koch money though, their network of organizations and funding has earned them a nickname, the '''Kochtopus''', and a watchdog group has called Koch Industries "the Standard Oil of our times."<ref name="Covert"/> | ||
| + | |||
| + | The Kochtopus is known to include the following organizations and (un)think tanks: | ||
| + | *[[Americans for Prosperity]] | ||
| + | *[[Cato Institute]] | ||
| + | *Citizens for a Sound Economy (defunct, split into AFP and FreedomWorks) | ||
| + | *[[Competitive Enterprise Institute]] | ||
| + | *[[FreedomWorks]] (spun off from Citizens for a Sound Economy, but does not disclose its funders, so its Kochtopus status is technically unknown) | ||
| + | *[[Heritage Foundation]] | ||
| + | *[[Reason (magazine)|Reason Foundation]] | ||
==External links== | ==External links== | ||
Revision as of 03:51, 7 March 2011
Koch Industries (pronounced "coke") is a Kansas-based privately held corporation led by brothers Charles and David Koch, heirs to the Fred Koch oil fortune. Funds donated from the Koch Industries fortune are donated through several foundations grouped as the Koch Family Foundations. Fred Koch was one of the founding members and major funders of the John Birch Society but his sons converted to libertarianism and set up and funded several major libertarian think tanks in the late 1970s, most notably the Cato Institute. The Koch brothers were also major funders of the Libertarian Party from 1976 to 1983. They withdrew their funding after 1983 to focus on trying to spread libertarian ideas through major party politics and Beltway think tanks like Cato. Their role within the Libertarian Party was initially welcomed -- David Koch was even nominated as the party's 1980 vice-presidential candidate -- but later controversial as they were felt by some more hard-core libertarian activists to be more interested in party machine politics than in libertarian purity, which eventually caused the 1983 split in the party when the Kochs and Cato's Ed Crane left.
More recently the Kochs have been putting their money into politicians of both major parties, mostly incumbents, and giving far more to Republicans than Democrats. While they continue to fund some libertarian think tanks they also now fund conservative think tanks. They have recently been a source of increasing controversy and claims that they are a major funding source behind global warming denial groups and the Tea Party movement.[1] While one major Tea Party group, FreedomWorks, had its origins in a 2004 split between conservative and libertarian factions in the Koch-founded group Citizens for a Sound Economy, the Kochs do not have any relation now to FreedomWorks and haven't for years. (FreedomWorks was the conservative side of that split, merged with Empower America -- a group founded by neocons like William Bennett, Jeanne Kirkpatrick, and Jack Kemp -- and is now led by Dick Armey). David Koch was responsible for founding Americans for Prosperity, a Teabagger astroturf group. Koch denied involvement but video later leaked of him at Teabagger parties. However, it is also true that the Kochs joined with George Soros to donate to the American Civil Liberties Union to help them fight the Patriot Act after 9/11, and Koch (and Soros) money has also gone to sentencing reform and drug policy reform groups, both of which tend to be ignored by Koch critics who portray the Koch network as more conventionally conservative, as opposed to what they really still are: libertarian. This hasn't stopped them from dumping large amounts of money into the political campaigns of many Republicans and conservative Democrats alike who may not share their libertarian views on most things.
Among both hard-core libertarians and progressives wary of the influence of Koch money though, their network of organizations and funding has earned them a nickname, the Kochtopus, and a watchdog group has called Koch Industries "the Standard Oil of our times."[1]
The Kochtopus is known to include the following organizations and (un)think tanks:
- Americans for Prosperity
- Cato Institute
- Citizens for a Sound Economy (defunct, split into AFP and FreedomWorks)
- Competitive Enterprise Institute
- FreedomWorks (spun off from Citizens for a Sound Economy, but does not disclose its funders, so its Kochtopus status is technically unknown)
- Heritage Foundation
- Reason Foundation
External links
Footnotes
- ↑ 1.0 1.1 Covert Operations, by Jane Mayer