There are many theories to power, be they liberal, socialist or otherwise. Many have been developed over centuries of thought, which pick apart the very nature of our society and world order. But of all the theories that I’ve come across, one sticks out more than any other, and it is the reason I hold such strong free-market/anti-state views. It’s called Public Choice theory, but don’t ask me why, because it seems to explain why any one but ’the public’ makes choices today.
Public Choice theory is modern, having only really taken off during the 1960’s, but I believe it grants a very realistic and worrying view of Britain’s power structure, and exposes many very deep scars which socialism and Keynesianism unintentionally inflicted on our country. It was heavily developed by the US economist James Buchanan, who won the 1986 Nobel Memorial Prize for his work, and who advised Margaret Thatcher through the Institute for Economic Affairs during the late 1970′s.
Just like capitalism, Public Choice theory is based on two simple assumptions about human nature. Firstly, that humans are principally self-interested. That’s not to say we’re selfish, which is somewhat more immoral, but rather that we will always aim to fulfil our wants and desires, economic or otherwise. Secondly, that humans are rational; when presented with a series of options, we will select whichever makes us the most happy for the least cost. Rational Choice theory, as it is called, has come under substantial intellectual attack in the past, and I don’t personally believe that all humans act completely rationally all the time, but as a model for human behaviour, I’d say it provides a pretty good analysis.
Tobacco and Sugar played similar roles in the Virginia and Caribbean economies by helping the economies of the colonists,
In these areas, Indentured slaves were used to provide slave labor that they used to cultivate sugarcane in the Colonies.
Both Sugar and Tobacco were exported and sold in the colonies for profit. Very high levels of profit was gotten from the sale of both products. The profits they got was used to take care of the economy, pay taxes and it was also used to buy goods from England.
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Answer:
People like Sanford Dole needed the island to be part of the United States to ensure their entrance to American sugar markets.
Explanation:
Hawaii was a kingdom until 1893 when American planters established corp to overthrow Queen Liliuokalani. Hawaii became a republic in 1894. In 1840, a constitutional monarchy was established, stripping the Hawaiian monarch authority. The economic reasons have contributed to the overthrow of the Queen from power. American planters generated money in Hawaii through sugar plantations. Sugar exports to the United States expanded greatly over the period, and American investors and sugar planters on the islands increased their domination over affairs to establish their control over the people in Hawaii.
the Democratic Republicans
Democratic Republicans believed in state power over the federal government and the ability of states to ignore unjust laws. In the case of the Whiskey Rebellion, farmers rebelled against a tax on whiskey. They believed it was the right as citizens to refuse to pay a federal tax because they didn't believe in the tax and weren't fairly represented. The rebellion was met by federal troops and a statement of federal supremacy.
Democratic-Republicans formed under the leadership of Thomas Jefferson. The party had roots in the ideas of Anti-Federalists during the Constitutional Convention. The Democratic-Republicans believed the Constitution should be followed strictly and as stated. They also supported states rights over the federal government. In addition they opposed the National Bank and any institutions that gave the federal government power.
