rule of law is simply the guarantee that those in power shall be guided by the spirit of the constituion while making decisions and in their actions. It is the first foundation of the USA constitution calling on all entities, and indiduals in The USA to be accountable to the laws of the land. in the american government, leaders are expected to follow the spirit of the law while making decisons. For example the president ensures that he respect the separation of power doctrine.
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J.P Morgan was one of the most influencial and powerful bankers and helped in different periods of the US history to bail out the government and the economy, he lent money to the treasure to help them avoid bankrupcy, but most of it´s detractors critiziced him because he had too much power and was believed to create monopolies, if not him directly, by helping other creating them.
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Capitalistic society's work to make as much money as possible, the more money one could make the better they feel. Therefore, having the laissez fair philosophy which states the government will stay out of business and the process of how companies make money, means that a business could possibly be unmoral and charge outrageous priceses for neccesiets without being checked by a government entity. Making it very very easy to them to make practicly as much money as possible if one wanted to even if it meant being a bit dirty.
Explanation:
The Greek word aphros means “foam,” and Hesiod relates in his Theogony that Aphrodite was born from the white foam produced by the severed genitals of Uranus (Heaven), after his son Cronus threw them into the sea.