Capitalism And A New Social - 1038 Words

Capitalism and a New Social Order- The Republican Vision of the1790’s Joyce Appleby Nathalia Francio Cocenza As soon as the Federalists and the Republicans figured out that the America’s future was at risk, they knew it was time for a change. Hope; this is what moved the Republicans towards the creation of a new social order. The election of 1800 was very significant for a couple of reasons; it gave Thomas Jefferson the presidency of the United States, but most importantly, â€Å"the election constitutes the first peaceful transfer of power from one political party to another in the United States† (Thomas). The country changed from being a Federalist nation into a Republican nation. Jefferson encouraged human rights, believed in a simple†¦show more content†¦Another essential point in differentiating Republicans from Federalist according to Appleby is their position on the future matter, â€Å"whether or not they expected it to be fundamentally different or basically a continuation of the known† (Appleby). The Republicans believed in capitalism, the commercial trade with other countries begin to rise, and the grain production becomes really important in the United States because of England’s high demand for it. The Jeffersonian Republicans think that the abundant land should create a population that can sustain itself. Adam Smith’s theory of human nature talks about the men’s instinct of improving themselves, and the author emphasizes that as the market improves more people become merchants. Now people work because they want to and not because they are obligated. Capitalism allowed people to sell their products across the ocean, with all this money coming in towns are growing faster and beautifully than ever before. New investments in commerce and industry are made. There are rich and poor, but the majority of the population is consisted of the middle class because of the availability of land. The most important element in the ideology of the Jeffersonian Republicans is the rejection of the past, they want a future f ull of opportunities for the following generations. This book is interesting but I must admit I had a hard time