Social Class and State Power by David M. Hart Gary Chartier Ross Miller Kenyon & Roderick T. Long

Author:David M. Hart, Gary Chartier, Ross Miller Kenyon & Roderick T. Long
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

© The Author(s) 2018

David M. Hart, Gary Chartier, Ross Miller Kenyon and Roderick T. Long (eds.)Social Class and State Powerhttps://doi.org/10.1007/978-3-319-64894-1_26

26. William Graham Sumner, “Democracy and Plutocracy” (Undated)

David M. Hart1 , Gary Chartier2, Ross Miller Kenyon3 and Roderick T. Long4

(1)Indianapolis, Indiana, USA

(2)La Sierra University, Riverside, California, USA

(3)Los Angeles, California, USA

(4)Auburn University, Auburn, Alabama, USA

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.”

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