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The Lost Tradition of Economic Equality in America, 1600-1870 (Hardcover)
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The Lost Tradition of Economic Equality in America, 1600-1870 (Hardcover)
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An important examination of the foundational American ideal of
economic equality-and how we lost it. Winner of the Missouri
Conference on History Book Award for 2021 The United States has
some of the highest levels of both wealth and income inequality in
the world. Although modern-day Americans are increasingly concerned
about this growing inequality, many nonetheless believe that the
country was founded on a person's right to acquire and control
property. But in The Lost Tradition of Economic Equality in
America, 1600-1870, Daniel R. Mandell argues that, in fact, the
United States was originally deeply influenced by the belief that
maintaining a "rough" or relative equality of wealth is essential
to the cultivation of a successful republican government. Mandell
explores the origins and evolution of this ideal. He shows how,
during the Revolutionary War, concerns about economic equality
helped drive wage and price controls, while after its end Americans
sought ways to maintain their beloved "rough" equality against the
danger of individuals amassing excessive wealth. He also examines
how, after 1800, this tradition was increasingly marginalized by
the growth of the liberal ideal of individual property ownership
without limits. This politically evenhanded book takes a sweeping,
detailed view of economic, social, and cultural developments up to
the time of Reconstruction, when Congress refused to redistribute
plantation lands to the former slaves who had worked it, insisting
instead that they required only civil and political rights.
Informing current discussions about the growing gap between rich
and poor in the United States, The Lost Tradition of Economic
Equality in America is surprising and enlightening.
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