Excerpt from Preface: America’s Final Revolution: Reconstructing Jefferson’s American Dream of An Entrepreneurial Capitalist Society
Our book presents a thesis of American history as perpetual conflict between Jefferson’s Declaration and Madison’s Constitution.
Our history begins with Jefferson’s promise of liberty and Madison’s constitution that permanently elevated the financial interests of what Madison called, the “natural aristocracy.”
We cite four major broken promises of liberty, after the Civil War, caused by this incompatibility: The broken promise of reconstruction to Black people: The broken promise to Indians: The broken promise to farmers: The broken promise to working class industrial workers.
We apply the analysis of W. J. Cash, in The Mind of the South, to explain that American economic history can be interpreted as a three-stage chronology of economic collapse, common citizen rebellion, and restoration of the ruling class power.
We explain that the cause of economic collapse is the unbalanced centralized power of the natural aristocracy to manipulate the monetary system.