David Rockefeller, patriarch of the Rockefeller family, was a board member, chairman and honorary chairman of the Council on Foreign relations. He was also the Founder and Honorary North American Chairman of the Trilateral Commission, and a member of the Bilderberg Group Steering Committee. While attending Harvard University, David Rockefeller wrote his senior thesis on Fabian Socialism. This further demonstrates the Rockefeller’s interest in the fusion between capitalist and communist ideology in the form of Fabian Socialism. David later attended the Fabian created London School of Economics.

Memoirs by David Rockefeller:
https://archive.org/details/DavidRockefellerMemoirs2003RandomHouse

“My senior year was occupied with writing my senior thesis on Fabian socialism, “Destitution Through Fabian Eyes.” The essay pointed to the fact that the traditional European approach to poverty was based on the Christian precept of atoning for one’s sins by giving alms to the poor. The focus was more on the benefits in the afterlife to the donor than on the notion that individuals had a social obligation to provide assistance to people in need. Fabian Socialists, under the leadership of Beatrice and Sidney Webb, took the opposite view. They saw the provision of a minimum standard of living for everyone as a basic right of all citizens and an inherent responsibility of government.

The concepts advanced by the Webbs and other Fabians established the foundation for the work of Sir William Beveridge, then the director of the London School of Economics, where I would soon go to study. Sir William, later Lord Beveridge, became one of the principal architects of the welfare state, which began to gain acceptance in Britain in the mid-1930s.”