Some Think We're Moving Toward Econ. Feudalism

In one of his final pieces of correspondence dated June 24, 1826, an ailing Thomas Jefferson regretfully declined Roger Weightman’s invitation to join him in Washington for the fiftieth anniversary of the signing of the Declaration of Independence. Jefferson lamented his absence from the celebration of “the blessings & security of self-government.” These blessings, Jefferson intones, ensure that “all eyes are opened, or opening, to the rights of man… the general spread of the light of science has already laid open to every view the palpable truth, that the mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred, ready to ride them legitimately, by the grace of god… these are grounds of hope for others.” But Jefferson’s confidence in the rise of equality, liberty, and self-government is now very much in doubt according to Joel Kotkin’s new book The Coming of Neo-Feudalism. To Jefferson’s republican aspirations, Kotkin counters with evidence that a new class of rulers intend to boot and spur contemporary serfs, for their own good, of course. Read Full Article »


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