1. My thoughts
More directly, it arose out of the profound social and economic changes of the early nineteenth century. ... To the frustration of both self-made men and plebeians, certain eighteenth-century elitist republican assumptions remained strong, especially in the seaboard states, mandating that government be left to a natural aristocracy of virtuous, propertied gentlemen. Simultaneously, some of the looming shapes of nineteenth-century capitalism "chartered corporations, commercial banks, and other private institutions "presaged the consolidation of a new kind of moneyed aristocracy. ...
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- Grade Level: Graduate