tag:blogger.com,1999:blog-2761684730989137546.post8559649146111574434..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Wm. Hogeland — “Occupy Wall Street” and the History of Democratic Finance Protestmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2761684730989137546.post-37997756799373731512011-09-29T19:06:14.007-04:002011-09-29T19:06:14.007-04:00The switched it the other way as a sop to the demo...The switched it the other way as a sop to the democrats. That was about all they gave them.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-91666558864416436642011-09-29T18:05:56.400-04:002011-09-29T18:05:56.400-04:00interesting. sounds more likely.
And they did sw...interesting. sounds more likely. <br /><br />And they did switch it from the pursuit of life, liberty, and HAPPINESS to the pursuit of life, liberty, and PROPERTY...hmmmm why do that little adjustment there eh?!!?Mariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-43185874336851813042011-09-29T17:56:51.392-04:002011-09-29T17:56:51.392-04:00What he is saying is that there were two types of ...What he is saying is that there were two types of American revolutionaries. The first was for democratic populism. These were the "little people," in Alan Simpson's terminology. The second was the propertied class, to which the Founding Fathers belonged. They established a republic rather than a democracy and then suppressed genuine democracy.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-21832045051945622202011-09-29T17:43:29.571-04:002011-09-29T17:43:29.571-04:00fascinating. I've heard the argument before an...fascinating. I've heard the argument before and of course know they were quite wealthy...perhaps even more relatively speaking than today's wealthiest? <br /><br />When I have time I'll check it out. I'm interested in the topic. <br /><br />but still can you decipher those sentences? I can't.Mariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-61519457165862568562011-09-29T16:04:08.362-04:002011-09-29T16:04:08.362-04:00Mario, read Hogeland's articles on the early d...Mario, read Hogeland's articles on the early days I linked to above at New Deal. He lays out how and why the US became a republic rather than a democracy, and who was involved. The Founding Fathers were the ruling elite of the time.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-25061585092105249322011-09-29T15:18:23.735-04:002011-09-29T15:18:23.735-04:00interesting.
but what does this mean?
Sometim...interesting. <br /><br />but what does this mean? <br /><br /><i><br />Sometimes people even ascribe democratic ideas to the famous upscale American Revolutionaries, who to a man actually hated democracy and popular finance.</i><br /><br />I don't think that's a sentence. Is he saying that the American revolutionaries hated democracy and popular finance? <br /><br /><i>most people still don’t connect the American founding period with a rugged drive on the part of ordinary people for equal access to the tools of economic development and against the hegemony of the high-finance, inside-government elites who signed the Declaration and framed the Constitution and made us a nation.</i><br /><br />so he's saying the "founding fathers" were an elite class then eh? Yes it is true. Washington was quite rich (married into it) and Jefferson well..we've all been to Monticello, etc., etc. What about Franklin? I am not sure about this but I do agree to some extent.Mariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.com