>> The Founders didn't anticipate large, multi-national corporations. Nor did they anticipate concentrations of wealth. Most of them were against both.
You're full of shit. Totally don't know what you're talking about.
If they didn't anticipate large, multi-national corporations (and I doubt they anticipated them, too) then how were they "against" them? The truth is no one anticipated large, multi-national corporations -- but they exist as an argument AGAINST big government, NOT in favor of it.
As to concentrations of wealth I think Jefferson was abundantly clear on his thinking:
“To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it.” — Thomas Jefferson, letter to Joseph Milligan, April 6, 1816
And Adams:
“The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence. If ‘Thou shalt not covet’ and ‘Thou shalt not steal’ were not commandments of Heaven, they must be made inviolable precepts in every society before it can be civilized or made free.” — John Adams, A Defense of the Constitutions of Government of the United States of America, 1787
If they were concerned about "concentrations of wealth", why not do something about it? Why not insert a little tax policy in the Constitution that limits it? They could have done that.
Concentrations of wealth are a natural by-product of the nation's success. And of course, they are a particularly POSITIVE development, not negative as your post would suggest. Concentrations of wealth are what creates incentives for economic activity, and that is what creates growth and success.
Economics isn't your thing. |
