The article discusses the founding fathers' apprehensions regarding the rise of demagogues, notably in the context of modern politics where figures like Donald Trump align with wealthy elites. It highlights Alexander Hamilton's reflections on the dangers posed by unscrupulous leaders and uncritical citizens, along with concerns over powerful billionaires whose interests conflict with democratic ideals. Founders like Thomas Jefferson aimed to dismantle aristocratic privileges to safeguard democracy, while Gouverneur Morris expressed fears that the wealthy could manipulate public emotions, leading either to a violent elite or despotism.
Hamilton's warning in Federalist No. 1 highlighted concerns of demagogues, unscrupulous leaders, and an unreflective populace, indicating the founding generation's deep distrust of unchecked power.
Thomas Jefferson's efforts in abolishing aristocratic privileges sought to prevent wealth accumulation from undermining democratic principles, reflecting Founders' desire to guard against inequality.
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