As riches increase and accumulate in few hands, as luxury prevails in society…




As riches increase and accumulate in few hands, as luxury prevails in society…

As riches increase and accumulate in few hands, as luxury prevails in society… --Alexander Hamilton

As riches increase and accumulate in few hands, as luxury prevails in society, virtue will be in a greater degree considered as only a graceful appendage of wealth, and the tendency of things will be to depart from the republican standard. This is the real disposition of human nature; it is what neither the honorable member nor myself can correct. It is a common misfortunate that awaits our State constitution, as well as all others.

Alexander Hamilton

Year: 1788
Context: Speech to the New York Ratifying Convention
Tags: honorable, human nature, luxury, republican, riches, society, virtue, wealth



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