Comment From Webpage: When economic power became concentrated in - TopicsExpress



          

Comment From Webpage: When economic power became concentrated in a few hands, then political power flowed to those possessors and away from the citizens, ultimately resulting in an oligarchy or tyranny. John Adams Thomas Jefferson. “Progressive taxes are required to prevent a permanent rich aristocracy that then buys government and ends democracy as happened in England ” As riches increase and accumulate in few hands . . . the tendency of things will be to depart from the republican standard. Alexander Hamilton Justice Brandies: “ You can have great wealth or democracy, you can have one or the other,but not both” ~p
Posted on: Thu, 25 Dec 2014 00:53:00 +0000

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