In Federalist No. 10, Madison describes "moneyed interests" as factions that are likely to sacrifice the common good to their ow
n self-interest. In at least 100 words, express your thoughts about how Madison might react to the current situation in which "corporations are people" that can exert power limited only by the amount of money they have. Do you think Madison would define a corporation as a faction? Why or why not?
The question of whether Madison would define a corporation as a <em>faction</em> is:
Yes, he would define modern corporations as factions.
<h3>Federalist No. 10</h3>
This was a historical essay written by James Madison as the <em>tenth issue</em> in the Federalist Papers which was <em>written in favour</em> for the ratification of the American Constitution.
With this in mind, Madison saw factions as group of people with shared interests, most especially financial ones as they come together to gain advantage for themselves over others.
