HIST 1483 Lecture Notes - Lecture 22: Sovereign Default, Classical Republicanism, Tariff
Document Summary
(cid:498)the democracy(cid:499): andres jackson and the politics of the common man. Democracy was often thought of the same as mob rule during the era of classical republicanism. Jeffersonian republicanism: agrarian labor as the basis of republican virtue, but in order to be an agrarian society people must own land. **(cid:498))nternal )mprovements(cid:499: protect american manufacturing, transportation infrastructure to link regions economically. **bank of the united states: provide credit and monetary stability, henry clay and the positive liberal state. The (cid:498)national republican(cid:499) agenda: american system, national bankruptcy laws, uniform weights and measures, national university, national astronomical observatory. The positive liberal state: state favors free markets and free trade, government plays important role in fostering free markets, martin van buren and the negative liberal state. Critique of the (cid:498)american system(cid:499: import tariff. Favors some businesses over others: (cid:498))nternal )mprovements(cid:499) Allows federal government to charter monopolies: bank of the united states.
