DB 6.2
- The concept that comes to mind is the ideology of socialism. Even farmers in the revolutionary days sold their farming services for money to improve their products. Additionally, the lower class operated under a C-M-C model.
- The source of wealth that Madison discusses is the unequal distribution of resources such as land, labor, & capital. People get wealth at the time when they owned land and there was lots of it., slaves. What he meant by faculties is the intelligence & education of the person, economic determinism/ social reproduction.
- I don’t agree with it because it has created a significant disadvantage for citizens. The current model appears to follow the M-C-M (Money-Commodity-Money) structure as well. Today, wealthy individuals have many more investment opportunities, while in the past, developing countries had very limited options. Through various rules and tricks, citizens are dealt with a bad hand and struggle to maintain an affordable way of living. Additionally, measuring wealth by slave ownership in the past is extremely unjust.
- The Constitution’s core mission is to promote the general welfare of its citizens. It is not surprising that those with less wealth have always struggled to support themselves.
- I’m pleasantly surprised by how much I’m learning in this class and I appreciate the information I’m receiving. However, I’m not surprised by how systems operate within our country. I support the idea of establishing a better economic system that benefits our current class. I believe that the wealthy should not maintain that level of power. However, for any significant change to occur, the rest of the nation would have to unite to challenge the government, which is unlikely to happen.
