First Party System - Historical Legacy

Historical Legacy

While historians are not unanimous, Princeton scholar Sean Wilentz in 2010 identified a scholarly trend very much in Hamilton's favor:

In recent years, Hamilton and his reputation have decidedly gained the initiative among scholars who portray him as the visionary architect of the modern liberal capitalist economy and of a dynamic federal government headed by an energetic executive. Jefferson and his allies, by contrast, have come across as naïve, dreamy idealists. At best according to many historians, the Jeffersonians were reactionary utopians who resisted the onrush of capitalist modernity in hopes of turning America into a yeoman farmers' arcadia. At worst, they were proslavery racists who wish to rid the West of Indians, expand the empire of slavery, and keep political power in local hands -- all the better to expand the institution of slavery and protect slaveholders' rights to own human property.