Seminar # 7 Eliminating Centralized Corporate Corruption In the Natural Rights Republic

Abstract

If Madison had followed Blackstone’s British contract law, Madison’s central government would have been an agent of 13 state principals. Madison eliminated the basis of the British -principal-agency relationship and substituted his own version of the balance of power.

As was the case in creating the Office of President, the fit between the British constitution and Madison’s constitution was not perfect. Madison inverted the balance of power by making one of the branches of government, the Supreme Court, the ultimate judge of its own powers, and also of the powers of the Congress, the President, and the states.

To summarize, in the case of the Office of President, Madison relied on his own version of the British prime minister for his concept of the American president. In his concept of balanced power, Madison substituted the Supreme Court as the sole arbiter of government power, as if the Supreme Court was the Crown-in-Parliament.

When the King surrendered to the states, in Paris in 1783, he wrote, “His Brittanic Majesty acknowledges the said United States to be free, sovereign and independent States.” The King surrendered to 13 states, not to “We, the people.”

Keywords: US Constitution, Madison, Centralized Corruption, Aristotle

JEL Classification: k12