ALL Corporations are Aristocracies

The ghost of Francis P. Blair - 1832

“... all corporations are aristocracies, and in their very nature and essence opposed to the principles of free Governments ... Their very design is to make an artificial distinction in society, and under the color of a name to give a few individuals rights and privileges not enjoyed by the citizens at large."
Francis P. Blair
The Globe (Washington)
December 20. 1832

Blair, the author of this quote, was a prominent Democrat and member of President Andrew Jackson’s “Kitchen Cabinet.” We see here in this quote one of the many reasons why Andrew Jackson (March 15, 1767 – June 8, 1845) was considered a hero of the common man, the Workingman. With Thomas Jefferson, he was seen as the co-founder of the Democratic Party, the oldest extant political party in the world. and for 200 years called the Party of Jefferson and Jackson.

Francis Preston Blair and his wife Eliza Violet Gist

Beside his opposition to corporations of all sorts, Jackson had a boiling-hot hatred banks and took a wrecking ball to Bank of the United States (BUS), the first federal or central bank chartered originally by the Constitutional Congress in 1791. Jackson destroyed it. While his hatred of banks fostered this achievement, Jackson was a military man with only a rudimentary understanding of finance. After pulling the federal deposits from the BUS, he placed them in various state banks. It fell to his successor, Martin van Buren December 5, 1782 – July 24, 1862) to make the first proposal for an Independent Treasury … a tale just a little long for this format. Perhaps another day.

Corporate chatters do indeed create a financial intrument or entity, now recognized as a “person” in our court system, with financial privileges not accorded to the ordinary citizen and yet receiving the same protections under law. When a person or group of persons enjoy a set of privileges not given to the common citizen, that constitutes an aristocracy. An aristocracy of wealth is a plutocracy. Is this not the definition of our present system?