1960s
The Ownership Wars: Who Owns YouThe 1960s function in the book less as a fully narrated historical period than as a remembered political horizon. Their significance lies in the ideals associated with them: a social imagination that John Carpenter says he grew up with, and that the book places against the later triumph of money, yuppie culture, unrestrained capitalism, and right-wing power. The decade becomes a standard of comparison through which the text interprets the present as a backlash and a loss.
Historical Memory and Political Contrast
The book invokes the 1960s through Carpenter's explanation of They Live. He describes the film as a response to the assault on the ideals of his formative period: by the end of the 1970s, he says, there was a backlash against everything in the 1960s, and the 1980s embodied that reversal. In this account, the decade represents not a neutral period marker but the origin of values that later political and economic forces sought to displace.
The contrast is sharpened by the book's description of the 1980s as the era of Ronald Reagan and Reaganomics. Carpenter recalls the emergence of the yuppie, defined in his account by the desire for money, and says that by the late 1980s he had decided to make a statement through They Live. The remembered 1960s therefore stand at the beginning of a trajectory that moves from social ideals to backlash, then to a culture organized around wealth and consumption.
From Backlash to Capitalist Control
The decade's remembered ideals are set against the book's broader account of the Ownership Class. The text describes the Trump insurgency as a return to far-right conservative rule based on racism, white supremacy, and ultra-plutocracy, and compares it with the Confederacy and the world of Ayn Rand's Atlas Shrugged. In that framework, the political meaning of the 1960s is inferred through what followed: a restoration of hierarchy and concentrated wealth that the book treats as a repudiation of egalitarian or emancipatory possibilities.
The book also links the later right wing to a politics that seeks to weaken the State so that capitalists, religions, and right-wing families cannot be restrained. It characterizes this program as an attempt to preserve the freedom to exploit and enslave others, while presenting capitalist employment itself as a disguised form of slavery. Against this language of domination, the remembered 1960s supply the absent social alternative: a period whose ideals, in Carpenter's telling, were sufficiently threatening to provoke a backlash.
Cultural Representation and False Consciousness
The memory of the 1960s is carried most vividly through They Live, whose hidden signals dramatize the book's account of ideological control. In the film's imagery, ordinary advertisements are replaced by commands such as “MARRY AND REPRODUCE,” “CONSUME,” and “OBEY,” while a dollar bill reveals “THIS IS YOUR GOD.” The book reads these substitutions as an exposure of right-wing media control and of a culture in which money has become the object of worship.
The text insists that the film is not an allegory for Jewish media control, despite the interpretation advanced by far-right anti-Semites. Carpenter instead identifies its target as yuppies and unrestrained capitalism, and specifically describes They Live as a gesture against Reagan. The film thus preserves the decade's memory as an oppositional cultural resource: its special sunglasses become a means of seeing the social order beneath propaganda, glamour, and apparent freedom.
Relation to the Book's Political Argument
The 1960s are therefore less a subject of independent historical analysis than a lost point of orientation. The book's central political categories—master and slave, the 1% and the 99%, plutocracy and popular subordination—turn the decade into part of a larger story about the defeat of resistance by concentrated power. The rich elite are described as willing to take greater risks and use greater force, while the majority is portrayed as seeking domination by strong masters rather than overthrowing the hierarchy.
This argument is extended to Trump supporters, whom the text depicts as resentful of cultural elites while nevertheless voting for a billionaire plutocrat and preserving the power of the Ownership Class. Their resentment is said to be directed downward, especially toward Black and Hispanic people, rather than upward toward wealth. In that interpretation, the social and political reversal associated with the period after the 1960s culminates in a coalition that accepts economic domination so long as racial status is maintained.
The decade's decisive narrative role is consequently symbolic and oppositional. It marks the ideals that the book says were placed under assault, while the subsequent culture of Reaganomics, yuppie aspiration, racial reaction, and right-wing media becomes the force that replaces them. The call to “Wake up” and to smash economic and cultural capitalism echoes Carpenter's earlier act of making a political statement: both frame cultural recognition as the first step toward breaking false consciousness.