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William Hogeland — What Did the Founders Mean by “Democracy”?

Summary:
The thing that almost all of the framers really agreed on is that a broad franchise for electing representatives makes things too responsive to the popular will; and that even where the franchise is appropriately, in their view, restricted to white men with sufficient property, with even more property required for standing for office, a legislature unchecked by a more elite upper house still makes things too responsive. New ideas were out there. They urged not direct democracy but access to the representative franchise for unpropertied men, as well as the establishment of representative legislatures unchecked by upper houses. The framers disparaged those ideas as “democracy,” along with the state legislatures in which those ideas found expression and the people pushing for them.

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The thing that almost all of the framers really agreed on is that a broad franchise for electing representatives makes things too responsive to the popular will; and that even where the franchise is appropriately, in their view, restricted to white men with sufficient property, with even more property required for standing for office, a legislature unchecked by a more elite upper house still makes things too responsive. New ideas were out there. They urged not direct democracy but access to the representative franchise for unpropertied men, as well as the establishment of representative legislatures unchecked by upper houses. The framers disparaged those ideas as “democracy,” along with the state legislatures in which those ideas found expression and the people pushing for them.
Hogeland posts here
What Did the Founders Mean by “Democracy”?
William Hogeland
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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