U.S. Political Economy Basics
1. Our Democratic Federalist Republic See Capitalism
Building Our Democratic Federalist Republic
3. Elections
4. Our Leader's Thought

5. Some Are Unhappy
6. The Flow of History Book Summaries 7/25/23

1. Our Democratic Federalist Republic    

Are Political Systems About Power or Community?
power controlled by the people
Commonwealth community founded for the common good
Communism all property is publicly owned and each
person works and is paid according to their needs.

Fascism  is a form of radical authoritarian nationalism
considered by some to be right-wing as its social conservatism
and  authoritarianism are opposite of egalitarianism.
Mercantilism trade generates wealth and is stimulated by
the accumulation of profitable 
balances, which a government
should encourage by means of 
Mixed Economies
a mixture of Capitalism and Socialism
practiced by most Western economies
Oligarchy power effectively with a few people.
a. Northwestern study concludes US is an Oligarchy.
b. German and US oligarchs financed Hitler.
Polyarchy has decentralized rule with many small governments
tailored to the desires of the local populations.
Socialism has collective ownership and management of
economic resources that are more equally distributed and
distributed with a market system.

Totalitarianism holds total authority over society and 
seeks to control all aspects of public and private life.
Think Fascism and Communism.
Libertarianism wants to limit government power.
Dictatorship has rule by a person.
Federation is composed of states with a common purpose.

U.S. Democratic Federalist Republic
Political Systems involve governments and politics.
Republic government exists when a constitutionally determined
government of elected leaders operating according to laws which
protect individual rights associated with equality, liberty, property and
necessity of consent.
a. There are many applications. What constitutes a right and
     their relative importance has been continually debatable.
b. John Adams said "a government, in which all men, rich and
    poor, magistrates and subjects, officers and people, masters
    and servants, the first citizen and the last, are equally
    subject to the laws."
c. In United States v. Cruikshank (1875) the Supreme Court
    ruled that the concept of "equal citizens" was inherent to
d. Colonial America developed in an untamed vast wilderness
    far from the governing country. This unique historical
    circumstance resulted in American Exceptionalism.

Federalism divides powers among member units so that
political control is constitutionally decentralized.
Each unit has some final authority and self- government.
a. US Federalism divides power with federal/state
Dual Federalism.
 Great Depression hardships led some toward the expanded
    federal power of Cooperative Federalism.
b. Federalism Video 1.38 is conservative.
c. Political Revolution of 1800 replaced the strong federal government
    Federalist Party of Washington, Hamilton and Adams with the limited
    government approach of Jeffersonian Republicanism.

Democracy exists when government power resides in a constitutionally
 determined electorate having equal say in determining the majority will.
Majority political power is absolute and unlimited. Success is often
determined by controlling Majority Factions.

The constitution protects minority rights.
The Federalist Papers, a 13:28 Basics Video, and
Liberalism, Constitutionalism and Democracy.

Abbreviated from Economics_3_Basic_Characteristics_of_Capitalism

Building America's Democratic Federalist Republic 3p

Kinds of Democracy

Democracy begins with Majority Rule

Presidential Democracy has a president and the legislative body.
Their functions are separated with checks and balances designed
to limit power.  A 7.04 video by Noam Chomsky entitled
American Politics: Are we a Democracy? a Republic, a Polyarchy?
explores his view of politics today and those our founders envisioned.
See Current Political Economy Controversies.

Parliamentary Democracy as practiced in Great Brittan has an
executive branch that derives its legitimacy from and is held 
accountable to a legislature (parliament). The executive and
legislative branches are thus interconnected. A head of government
called a prime minister is appointed from the majority party or from
a coalition of minority parties. A Head of State is normally a different
person with varying degrees of political responsibility. In England, the
Queen only has ceremonial responsibilities.

Democratic Republic vs. Parliamentary Democracy written by
President Wilson favored a parliamentary system. This would have
 made many founding fathers unhappy as they feared the budget
instability and anarchy of the French Revolution.


Making Laws in a Democracy
Direct Democracy also known as pure democracy has the
 electorate vote directly on policy initiatives.

Indirect democracy or representative democracy is when the
electorate temporary delegates power to officials who make laws
on their behalf.

Initiatives and Referendums exist in some U.S. States.
a. Part of the early 20th century Progressive Movement
b. Allowed voters to put a proposed law on the ballot for
    approval and also to void existing state law. 
c. DC and 27 states have this direct democracy tool.

Constitutional Amendments expanded "We" of
"We the people..." which moved U.S toward Republicanism.
a. The 1911 17th Amendment changed the election of U.S.
    Senators from the House of Representatives to voters.
b. The 1919 19th Amendment gave women voting rights.
c. The 1971 26th Amendment lowered voting age to 18.
d. Electoral College elimination would move the process closer
to the people, Republicanism and a direct democracy majority.


Democracy and Virtue, Why Founders Wanted Electoral College,
The Founder's Constitution extensive reading list


2. Building America's
Democratic Federalist Republic

1. The Early Colonial Period

2. Determining Political Power and "We the People"

3. Increasing We" of "We the People"

4. Thomas Jefferson Leader of the Opposition

5. Constitutional History of Our

Democratic Federalist Republic

6. Thomas Jefferson Leader of the Opposition

7. Capitalistic Democracy Profitable Government

3. Elections

20th Century Decade Evaluation

Political Eras One 1788 to 1892   pdf
Political Eras Two 1896 to 2016   pdf

Presidential Elections One 1778-1824   pdf
Presidential Elections Two 1828-1852      
   Presidential Elections Three 1856-1892       

Presidential Elections Four 1896-1928   pdf
Presidential Elections Five 1932-72  
Presidential Elections Six 1976-2012    

Economics of Trump's Win 1p


U.S. Government and Politics

Political Economy Readings

One Page Economic Issue


4. Thoughts from Our Leaders

Thomas Jefferson The Art of Power 2012 J. Meacham 8p

American Dynasty Aristocracy, Fortune, and the Politics of Deceit
 in the House of Bush by Kevin Phillips
, 6p

See Welcome the Hackocracy, a look at Bush 2's appointments
 that made a difference.

Second Chance
Three Presidents and the Crisis of America Superpower,
Zbigniew Brzezinski,

Current Leaders Educational Advise 2p

5. Some Are Unhappy

The Crimes of Post WW2 U.S. Presidents- Noam Chomsky 12 Min Video

Changing Contours of Global Order- Noam Chomsky 77 Min Video

The State of Liberty from EconTalk with
D, Boaz, P. J. O'Rourke, and G. Will Hosted by Russ Roberts
65 min CATO podcast

6. The Flow of History Book Summaries

Don't Know Much About History 
Everything You Need To Know About  American History
But Never Learned
, by Kenneth C. Davis 6p

Turning Points in American History   Over 400 Years Five 2-page parts

Presidential Courage Brave Leaders and How They Changed America 1789-1989 by M. Beschloss 8p

7. Political Economy Book Reviews

Capitalism in the Twenty-First Century
 "Why We' re in a New Gilded Age"
by Thomas Piketty 2014

The Shifts and Shock:
What We Learned from the Financial Crisis
by Martin Wolf 9/11/14

Seven Bad Ideas How Mainstream Economists Have

 Damaged America and the World

by Jeff Madrick Reviewed by Peter Richardson 2014

Hoodwinked  An Economic Hit Man Reveals Why the World Financial Markets Imploded-
and What We Need to Do to Remake Them, by 
John Perkins

Education and Income Inequality,
chapter 21 The Age of Turbulence, Adventures in a New World, by Alan Greenspan 

"This Time Is Different" is a history of financial collapse from 1300 to the present. 
Strange Rebels: 1979 and the Birth of the 21st Century.

By Christian Caryl. Basic; 400 pages argues that 1979 belongs to the select club of real turning-points:
"years in which one era ended and another was born. 1917 proved to be a bloody dead end and 1848
proved to be, in A.J.P. Taylor’s phrase, “a turning-point in history when history failed to turn”.
But others, such as 1789 (when France’s ancient régime collapsed) and 1517 (when Martin Luther
 nailed his 95 theses on the door), resound down the ages." Editors note: Was the liberalism of the
 20th century coming to an end?

"The Shock Doctrine: The evil of “Disaster Capitalism,
a book report video was posted to the Crooks and Liars  blog on December 1, 2007

"Nickel and Dimed" On (Not) Getting By in America by Barbara Ehrenreich.
Written from the perspective of the undercover journalist, ...

23 Things They Don't Tell You About Capitalism
is critical and a good source of the twenty-three items 

Videos by Ha-Joon Chang
    Part I     Part II     Part III   

The Center Holds Obama and His Enemies
is "the thrilling story of one of the
most momentous contests in American history, the Battle Royale between Obama and
 his enemies from the 2010 midterms through the 2013 inauguration."
 Video by Jonathan Alter, 2013

Free Trade Doesn't  Work by Ian Fletcher adjunct fellow at the
United States Business and Industry Council, and CPA

 In his effective 267 pages of text, Ian Fletcher dissects and often demolishes
fundamental teachings about the benefits and risks of trade and replaces them
 with evidence based updates.  He then recommends a practical alternative based
on clear objectives.

Nemesis by Chalmers Johnson from Stephen Lendman of counter currents

"Our democracy and way of life are now threatened because of our single-minded
pursuit of empire with a well-entrenched militarism driving it that's become so powerful
 and pervasive it's now an uncontrollable state within the state.

8. War Politics Book Reviews

Guns, Germs, and Steel -  the fates of human societies '...attempts to explain why Eurasian civilizations, as a whole, have survived and conquered others, while attempting to refute the belief that Eurasian hegemony is due to any form of Eurasian intellectual, moral, or inherent genetic superiority." 

The Limits of Power The End of American Exceptionalism, Bill Moyers sits down with history and international relations expert and former US Army Colonel Andrew J. Bacevich who identifies three major problems facing our democracy: the crises of economy, government and militarism, and calls for a redefinition of the American way of life. The Limits of Power Democracy Now interviews Andrew Bacevich, a conservative historian who spent twenty-three years serving in the US Army.  


How You Can Kill Al-Qaeda in Three Easy Steps review from  Boing Boing  
I just got done reading Howard Clark's new book "How You Can Kill Al-Qaeda (in Three Easy Steps). He's an ex-Marine and former Homeland Security adviser who says the way to win the war on terrorism is to help empower the mainstream Muslim community, who in recent years has been overshadowed in the public spotlight by fringe Al-Qaeda extremists. The whole idea of fighting terrorism with ideas and not weapons is definitely nothing new, but Clark's populist tone and foreign policy street cred was a refreshing perspective to have in the discussion. "Click on the link below in the next 30 minutes and I'll throw in this egg slicer absolutely free! Here's how to order!" Book's official site...  

One Nation Under Contract: The Outsourcing of American Power and the Future of Foreign Policy
In this CSPAN2 book interview, 
Allison Stanger talks of her book which looks at the increasing use of private contractors by the U.S. government and argues that with proper oversight contractors can be valuable tools for carrying out our foreign policy.  Includes audience Q&A.