Author: How Spoiled Elites Have DESTROYED Hamilton's Radical Legacy

Professor and author, Christian Parenti, discusses his book 'Radical Hamilton' and how the founding father was actually more progressive for his time.

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[frevazz]

Adam Smith wrote about the invisible hand but libertarians and conservative conveniently leave out that he made it clear that the state needed to regulate business to keep it from becoming a state controlled by business interest, monopolies emerging, etc.

[billcbren]

This is "new media" at its best. Actually discussing ideas rather than personalities. Can you imagine seeing Christian Parenti on MSNBC, CNN or Fox? Never happen.

[chrisd]

I need to hear him and Matt Stoller have a conversation about Hamilton.

[ortegazs]

Hamilton sucks, federalism is not the answer. He wanted the Fed from the beginning. We should not idolize him.

[pastaguy]

To all the people who will obviously go on about how Hamilton was a bad person for a lot of different reasons. Of course he was all of the founding fathers by modern standards are awful people. This book is more about how his economic theory could be a guide for those today.

[johnm_inmn]

Would love to know what Matt Stoller, who wrote a piece called “The Hamilton Hustle”, thinks of this book.

[dfant]

More of these interviews, please! And, make them longer. These videos aren't going to get you the clicks that the poll videos will, but these interviews feed your most ardent viewers. Honestly, just get Grimm to do a history podcast on the weekends :)

[nrsrymj]

"You could call me Aaron Burr from the way I'm droppin' Hamiltons."
~ Andy Samberg and Chris Parnell, Lazy Sunday

[mindimccluskey]

Very disappointing from a Parenti. Hamilton bought & sold slaves for his in-laws out of his Wall Street office, believed only rich men like himself should have a political voice, advocated monarchy & life-time presidential terms at the Constitutional Convention, prioritized his Wall Street clientele & the debts owed to speculators & bankers over the ability of small farmers & Revolutionary veterans to hold on to their land, played a key role in creating a domestic military force to suppress slaves & steal Native land, initiated the corporatist relationship of handouts, protections, & corruption between big government to big business... I could go on & on.

[janetmccarter]

Thank You Much! Love Christian, and especially his Father, Prof. Michael Parenti!

[Monkey_D_LOOM]

I recommend that people watch the play. It does address that Hamilton was all about economic policies and it did highlight the fact that his views directly conflicted with Jefferson.

[notsam]

It IS ironic. For how much it centers themes of legacy, the musical rarely talks about what Hamilton's legacy actually was.

[SnapCrakleDath]

They're both dead and I'm gonna go bankrupt so who cares

[EvanH]

I love how triggered sageer is about immigration

[melissalarigan]

I'm getting sick of these Shumer ads, can't we get his smug face off my screen already.

[blackflagsnroses]

Here’s the thing. Hamilton is the founder of American Capitalism. His economics were severely better than slavery. But his was still an elitist that wanted a wealthy elite to rule and be the policy making class.

Hamilton’s ideals came to fruition under the American School of Henry Clay and the Republican Party of Lincoln. The nail in the coffin of slave economics and full adoption of manufacturers and industrial capitalism.

Capitalism is inherently Statist and functions by capitalist influence of the political system.

Free markets while usurped by capitalism as synonymous are different things. True slave and plantation owners preferred free trade and limited government as it helped them financially, the small farmers and majority of lower classes or populists also supported limited government intervention in the economy.

We are in Hamilton’s America, the GOP under Lincoln transformed the US into it. And it stands to reason that after the nascent period of protectionism and rise of national wealth, tariffs then are no longer economically beneficial. Hamilton notes it as well as he was a protectionist because he wanted to grow American business and wealth. Powers like Britain had the benefit of free trade because they were already developed nations. The USA can benefit from nationalist economics, but it won’t be for building economy, but for a more nationalist interest that won’t necessarily benefit everyone.

Ultimately there’s a difference between liberal economics and capitalism. In fact many liberal economists were precursory to socialists and were anti-capitalists. Classical economists were developing labor theory of values, eventually the neoliberal split to place to endorse a capitalist vision of liberal economics.

[WileyCylas]

Learned a lot! Btw Yall need to get Mr Richard Wolff on here again for our weekly dosing of unpalatable yet necessary sanity as well!

[tims]

Senator Henry Clay and his American System is best presentation of views expressed by Hamilton.

[millabasset]

John Adams is underrated, only Founder with integrity and rationality.

[The_General_Zubas]

9:00 Actually China has been studying American since 1972.

"Captialism with Chinese Characteristic's" it's an oldie but goldie. A book from the 90s..