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Until the Revolution, wrote historian Bernard Bailyn, Americans had assumed “that a healthy society was a hierarchical society in which it was natural for some to be rich and some poor, some honored and some obscure, some powerful and some weak.” Perhaps most important, “it was believed that superiority was unitary, that the attributes of the favored—wealth, wisdom, power—had a natural affinity to each other, and hence that political leadership would naturally rest in the hands of social leaders.”
The First Tycoon: The Epic Life of Cornelius Vanderbilt (Pulitzer Prize Winner)
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