Tag: founding fathers

Six years after the American Revolutionary War, Congressmen from 12 states ratified the United States Constitution. However, the ratification process did not go as smoothly as many would have desired, and several members of congress needed to persuade their constituents. In fact, under the pseudonym Publius, James Madison, Alexander Hamilton, and John Jay wrote a series of 85 papers to persuade the citizens of New York to vote in favor of the proposed Constitution.

Monopolies are unhealthy for a capitalistic, free-market system. They stifle competition.

The planned economy is imperative in socialism. It is by the method of planning the economy that the socialist attempts to actualize his ideals. One way he can achieve his goals is to dissolve private enterprise and organize a planned economy centralized in the state.

The Founding Fathers were well read in the areas of economics, political separation of powers, and the rule of law with an in-depth knowledge of history. Understanding their background may be why W.C. Skousen in "The Five Thousand Year Leap" commented,

“If men were angels, no government would be necessary,” wrote James Madison in 1788. It would be disingenuous to assert that all the founding fathers agreed on the extent of the federal government, but they all agreed that government was necessary.