ABSTRACT
The question of federalism in the United States has been intertwined with territory, electorates and markets. The representation of territory, while central to the conceptualization of at least some aspects of democracy in America, has competed with the representation of electorates in that same conceptualization. The representation of both territory and electorates in the development of a democratic federation in turn has had to confront the imperative of creating a national market within that federation, one without internal non-tariff barriers and with national capital markets. Here I shall simply sketch how these three – territory, electorates and markets – have intersected and thereby shaped American federalism.
