August 30, 2025 - by Heather Cox Richardson

Historically, a system in which local economies support small businesses and entrepreneurs promotes a wide distribution of political power. In contrast, extractive industries support a system that concentrates wealth and power in the hands of a few individuals. The extractive systems in the pre–Civil War American South, where cotton concentrated power and wealth, and later in the American West, where mining, cattle, and agribusiness did the same, nurtured political systems in which a few men controlled their regions.

this is so important…