Applying the Hamiltonian Model of Political Economy

Events as we see them unfold are confirmation of the Hamiltonian model of power and political economy in full operation.

Alexander Hamilton, our nation's first treasury secretary devised a system of finance that perpetuates the power of financial elites through a banking system and tax structure that applies a trickle-down theory of economics and a regressive tax code to publicly finance it, which is exactly what we have now in operation.

The innovations necessary to conserve the elitist model of power have been monetarism and a practical, administrative model of bureaucratic power and political economy that we now see being brought to fullest fruition to manage the current liquidity crisis (over-consolidation of markets and capital).

Confirmation of the bureaucratic model of power and political economy--of an unelected technocracy applying the power of an elitist model with a false pluralistic legitimacy--indicates a mature consolidation of power that can do nothing but deconsolidate (pluralize) to maintain its legitimate administration. The elitist model will naturally succumb to the forces of pluralism--a natural sharing of power.

There is a soft determinism in operation here. We can resist the natural tendency toward a retributional reconciliation of value and allow for the natural course of pluralistic forces to ensure our peaceful prosperity. The choice is ours to make here and now.

Beyond the bureaucratic model of power and political economy is the reality of pluralism that keeps the peace and makes us prosper through the legitimacy of our collective wisdom that is the real public authority--the true arbiter of our lives, our liberty, our pursuit of happiness. "We The People" is a pluralism with real meaning beyond a Hamiltonian fantasy to keep The People subjected in its pursuit. It is a pratical utility, a practical reality, that is foolish to resist.

Obama/Biden 2008!

Very best wishes.