Posted 4 years ago on Dec. 29, 2012, 8:38 a.m. EST by arturo
from Shanghai, Shanghai
This content is user submitted and not an official statement
"The Olive Branch consolidated the principle of “the harmony of interests” between labor and capital, which was the focus of Carey’s American System economic theory, itself based on the economics of Alexander Hamilton. He called for a political alliance of farmers, laborers, industrialists, and merchants, with their representatives in government, saying that by joining forces they could “raise profits and wages at the same time,” through development of technology and the productivity of labor."