William Graham Sumner, “Democracy and Plutocracy” (Undated) View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2018

AUTHORS

David M. Hart , Gary Chartier , Ross Miller Kenyon , Roderick T. Long

ABSTRACT

Sumner distinguishes between capital which is acquired and used “industrially” and capital which is used “politically.” By politically, Sumner means the purchase of political privileges by plutocrats (owners of capital) though such things as lobbying politicians; funding party organizations, primaries, and conventions to get one’s own way; and bribing legislatures to grant artificial monopolies and other privileges. He concludes that the system of plutocracy is “the most sordid and debasing form of political energy known to us.” More... »

PAGES

175-178

Book

TITLE

Social Class and State Power

ISBN

978-3-319-64893-4
978-3-319-64894-1

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-319-64894-1_26

DOI

http://dx.doi.org/10.1007/978-3-319-64894-1_26

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1093082192


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