3min chapter

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Capitalism, The State, and How We Got Here with Christian Parenti

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CHAPTER

The Industrial Revolution: A Story of Booms and Busts

There's a whole long story of push and pull, not all factions of the American elite are down with us at all. The Southern planter class that are doing quite well were explicitly concerned about what this would mean for slavery. So it's not like this Hamiltonian developmentalist agenda just slid through without problems. There was lots of conflict and there's a whole history of that.

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