Obama and the dawn of the Fourth Republic
Obama and the dawn of the Fourth Republic
[...] The first three American republics display a remarkably similar pattern. Their 72-year life span is divided into two 36-year periods (again, give or take a year — this is not astrology). During the first 36-year period of a republic, ambitious nation-builders in the tradition of Alexander Hamilton strengthen the powers of the federal government and promote economic modernization. During the second 36-year phase of a republic, there is a Jeffersonian backlash, in favor of small government, small business and an older way of life. During the backlash era, Jeffersonians manage to modify, but never undo, the structure created by the Hamiltonians in the previous era. [...]
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