"Throughout the Cold War period in the 1950’s and 1960’s, it became increasingly difficult to even criticize capitalism, which had become a synonym for democracy in many circles. IN this context, any criticism of capitalism became a criticism of the free marketplace. This, in turn, appeared to be a criticism of free speech, since the business community often sees its right to operate in a free marketplace as an extension of its right to commercial speech. As long-time CBS chief William Paley told a group of educators in 1937, "He who attacks the fundamentals of the American system" of commercial broadcasting "attacks democracy itself."
Richard Campbell, pg. 379.
