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Reading of the United States Constitution of 1787. The Constitution of the United States is the supreme law of the United States of America. [3] It superseded the Articles of Confederation, the nation's first constitution, on March 4, 1789. Originally including seven articles, the Constitution delineates the frame of the federal government.
At the time of the United States' founding, the economy was predominantly one of agriculture and small private businesses, and state governments left welfare issues to private or local initiative. As in the UK and other industrialized countries, laissez-faire ideology was largely discredited during the Great Depression.
Constitutional theory in the United States is an academic discipline that focuses on the meaning of the United States Constitution. Its concerns include (but are not limited to) the historical, linguistic, sociological, ethical, and political aspects.
Debates that pit our nation's status as democracy or constitutional republic tend to intensify around specific policy debates or more generally among candidates in high-profile elections, such as ...
The Russian school of constitutional economics was created in the early twenty-first century with the idea that constitutional economics allows for a combined economic and constitutional analysis in the legislative (especially budgetary) process, thus helping to overcome arbitrariness in the economic and financial decision-making.
In United States history, four periods of widespread Constitutional criticism have been characterized by the idea that specific political powers belong to state governments and not to the federal government—a doctrine commonly known as states' rights. At each stage, states' rights advocates failed to develop a preponderance in public opinion ...
Beard argued in his works An Economic Interpretation of the Constitution of the United States (1913) and An Economic Interpretation of Jeffersonian Democracy (1915) that the Constitution was set up by rich bondholders against farmers and planters. According to Beard, the Constitution was designed to reverse the democratic tendencies unleashed ...
Inclusive democracy is a political theory and political project that aims for direct democracy in all fields of social life: political democracy in the form of face-to-face assemblies which are confederated, economic democracy in a stateless, moneyless and marketless economy, democracy in the social realm, i.e. self-management in places of work ...