Afterburner – Rodney King and Kenneth Gladney – Frankfurt school conspiracy …. The Frankfurt School (German: Frankfurter Schule) is a school of social theory and philosophy associated in part with the Institute for Social Research at the Goethe University Frankfurt. Founded during the interwar period, the School consisted of dissidents who felt at home neither in the existent capitalist, fascist, nor communist systems that had formed at the time. Many of these theorists believed that traditional theory could not adequately explain the turbulent and unexpected development of capitalist societies in the twentieth century. Critical of both capitalism and Soviet socialism, their writings pointed to the possibility of an alternative path to social development.