“The America First movement has basically taken the initiative as the central challenger to conservative inc,” Fuentes wrote in a series of posts on Telegram on Mar. 1, 2020. Certain far-right extremists use the phrase “Conservative Inc.” as a pejorative to refer to mainstream right-wing institutions. “We are consolidating the dissident Right sphere behind America First against conservative inc … AFPAC vs CPAC! America First vs [Conservative] Inc – this is the dialectic.”
https://www.splcenter.org/fighting-hate/extremist-files/individual/nick-fuentes