We are the political descendants of Franklin Delano Roosevelt who left us an inheritance in 1944, an economic Bill of Rights, alternatively dubbed the “Second Bill of Rights”. Written with Columbia law professor Adolf Berle Jr., one of FDR’s brain trust, the new Bill of Rights reflected the vision of a man who told Roosevelt in a 1932 memo that “nineteenth-century competition and individualism were anachronistic.”
Berle also co-authored The Modern Corporation and Private Property in 1932 which advanced the thesis that large business corporations did not serve the public interest and should, therefore, be controlled by the government.
It’s been brought to life by Communists in the U.N. with their Universal Declaration of Human Rights, and it never died in the United States, thanks to an entire party dedicated to the ideology.
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