Power antenna was not an option until 1978 on Corvette so yours was obviously an aftermarket update if indeed it is actually powered and not a manual one. You need to check that you have 12v
at the antenna and that there is a good earth. If there is nothing at the antenna then the wiring should be obvious as it will look like an addition, you need to check that back to the radio, presumably another aftermarket part and check that this wire is connected at that end. Hopefully you will find that the antenna is faulty. Replacements are generally available at a cost.....