Exfoliating a Hero: On Lincoln's Unconstitutional Overreaching

Lest we get carried away and inadvertantly enshrine our leaders with mythic laurals, it is worthwhile to peel back our societal "remembering" of past figures, such as Abraham Lincoln, who have become larger than life.

The full essay is at "Exfoliating a Hero."

On the Birth of Corporate Social Responsibilty in 1869

Referring to the speculation in gold that was engineered by Jay Gould and others in 1869 to enrich themselves and the Erie Railroad, Henry Adams (1838-1918), a grandson of John Quincy Adams and great grandson of John Adams, wrote at the time:

“For the first time since the creation of these enormous corporate bodies, one of them has shown its power for mischief, and has proved itself able to override and trample on law, custom, decency, and every restraint known to society, without scruple, and as yet without check. The belief is common in America that the day is at hand when corporations far greater than the Erie [Railroad] — swaying power such as has never in the world’s history been trusted in the hands of mere private citizens  . . . — will ultimately succeed in directing government itself. Under the American form of society, there is now no authority capable of effective resistance.” (1)

The full essay is at "The Birth of Corporate Social Responsibility."

1. Henry Adams, “The New York Gold Conspiracy,” in Charles F. Adams, Jr. and Henry Adams, Chapters of Erie (Ithaca: Cornell University Press, 1956), pp. 135-36.

Legislation of the U.S. Government during the Civil War: A Case of Unconstitutional Governance?

Lest history be forgotten, it may come around again to bite us when we least expect it.

During the war between the Confederate States and the United States of America, The Legal Tender Act required debtors to accept “greenbacks,” the U.S. Government’s paper currency. The National Bank Act barred state banks from issuing notes, giving the U.S. Government a monopoly on paper currency. Finally, The Internal Revenue Act imposed a federal income tax and other levies. Henry Brands asks, however, whether “greenbacks” fall under the U.S. Constitution’s wording that the federal government can “coin” money. If money was in coin specie when the constitution was written, the meaning could be widened to include new means without necessarily extending the power of that government beyond what was intended.

The full essay is at "Unconstitutional Governance in the Civil War."

Source: Henry W. Brands, American Colossus: The Triumph of Capitalism 1865-1900 (New York: Doubleday, 2010), p. 13.

Barbie

In The Wizard of Oz (1939), Glenda, the Good Witch of the North, tells Dorothy at the end of the film that it had been within her power to go home to Auntie Em’s farm in Kansas at any time, simply by clicking the heels of her ruby shoes thrice together. At the end of Barbie (2023), Ruth, who created the Barbie and Ken dolls, tells the traditional Barbie that she can become human herself simply by choosing to feel, and thus to live. The Witch and Ruth occupy similar roles, as do Dorothy and Barbie. But whereas Dorothy is trying to get back to the home she had known and now appreciates from faraway Oz, Barbie is trying to get to what she was made for—something qualitatively different than not being alive. Barbie’s plight is existential, and she discovers that the root of her identity transcends the feminist agenda. As home transcends ideology, what a person is made for transcends even home. Put another way, home is ultimately in being who one really is, hence being transcends location.

The full essay is at "Barbie."