Alexander Hamilton, popularized by the musical, “Hamilton,” was the first treasury secretary of the United States. He has been called ‘the founding father of capitalism and imperialism,’ but Hamilton was far more complex than a simple advocate for a market-drive economy. Christian Parenti, in his new book, “Radical Hamilton; Economic Lessons From a Misunderstood Founder,” argues that his ideas for the US economy were distorted or ignored by the capitalist elites. Parenti goes back to Hamilton’s neglected masterpiece, “Report on the Manufacturers” and “The Federalist Papers” to rescue Hamilton’s radical ideas for a political economy, ideas that are especially important in an age of near total domination of our economic and political systems by the reigning capitalist elites.
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