John Adams and the Fear of American Oligarchy

Download or read book John Adams and the Fear of American Oligarchy written by Luke Mayville and published by Princeton University Press. This book was released on 2018-12-04 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why American founding father John Adams feared the political power of the rich—and how his ideas illuminate today's debates about inequality and its consequences Long before the "one percent" became a protest slogan, American founding father John Adams feared the power of a class he called simply "the few"—the wellborn, the beautiful, and especially the rich. In John Adams and the Fear of American Oligarchy, Luke Mayville explores Adams’s deep concern with the way in which inequality threatens to corrode democracy and empower a small elite. Adams believed that wealth is politically powerful not merely because money buys influence, but also because citizens admire and even identify with the rich. Mayville explores Adams’s theory of wealth and power in the context of his broader concern about social and economic disparities—reflections that promise to illuminate contemporary debates about inequality and its political consequences. He also examines Adams’s ideas about how oligarchy might be countered. A compelling work of intellectual history, John Adams and the Fear of American Oligarchy has important lessons for today’s world.