There was nothing inherent to the lighthouse that made it a public good. It became a public good because government regulation made it so.
In addition to not understanding our Constitution, Hannah-Jones’ article, like in most discussions of black history, fails to acknowledge that black Americans have made the greatest gains, over some of the highest hurdles in the shortest span of time than any other racial group in mankind’s history.
America was not made richer from slavery. America was made poorer by slavery.
Similarities between slavery and socialism, and indeed the aggressive anti-capitalist rhetoric of proslavery ideology, are seldom examined in the “New History of Capitalism” literature.
Interest in the history of American capitalism is on the rise, although curiously this line of study is being advanced for anticapitalistic ideological reasons.
In each and every case, the aforementioned authors carelessly repeat a claim that they want to believe and that affirms their political priors. No effort is made to check sources or investigate whether the claim itself is reputable.
Hamilton is an Enlightened, classical liberal, a more consistent champion of rights and liberty than any other Founder, thus an inspiring model for contemporary friends of liberty.
Edward Baptist, Ta-Nehisi Coates, and others of the “New History of Capitalism” demonstrate their ignorance in their dishonest attempts to associate American capitalism with slavery.
What is America, and what does it represent?
A staggering 28 percent of free blacks in the Crescent City owned slaves.