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To: justshutupandtakeit
Hamilton was the principle architect of the modern capitalist economy of the US

Hamilton liked taxes, protectionist tariffs, "improvements" expenditures, and a federalized interventionist monetary policy. Not one of those things is even remotely true to capitalism. Nice try but Hamilton was no capitalist. He was by definition an interventionist with a flare for mercantilism and the forerunner of the Keynesian leftists of today.

185 posted on 07/24/2003 11:17:51 AM PDT by GOPcapitalist
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To: GOPcapitalist
You have attempted to pass these distortions of Hamiltonianism before and this latest attempt is no more accurate. Hamilton understood the roll of an appropriate taxation policy, unlike his critics, nor was his tariff "protectionist". Protectionism did not come until after he was in the ground. Capitalism is impossible without a strong legal system and its development was perhaps Hamilton's principle goal and greatest achievement. Capitalism is also impossible without a money supply or capital which were created by the debt program.

There is no capitalist state without a nationalized money supply or control of the money supply by the government nor will there ever be again.

Hamilton is hated by the Left precisely because he help create the conditions for capitalist development and the industrial revolution in America. Why else do you think it has lied about him for over 220 years?

You obviously have no idea what mercantilism was though I have posted definitions from dictionaries for you in the past. As is typical you just ignore whatever doesn't fit your distorted view of the world, change meanings of words when inconvenient and make up words when ordinary ones don't fit. Leftist hated Hamilton, hate Hamilton and will always hate Hamilton. It pleases me to find his enemies today since it almost a certainty that their views of most historic, economic and politic issues are incorrect. To claim Leftists like Hamilton is an absurdity which even one so prone to distortion as you must gag on.
205 posted on 07/24/2003 1:32:32 PM PDT by justshutupandtakeit (RATS will use any means to denigrate George Bush's Victory.)
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