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William Graham Sumner

An amibitious Roman used to buy and bribe his way through all the inferior magistracies up to the consulship, counting upon getting a province at last out of whichhe could extort enough to recoup himself, pay all his debts, and have a fortune besides. Modern plutocrats buy their way through elections and legislatures, in the confidence of being able to get powers which will recoup them for all the outlay and yield and an ample surplus besides.

I regard plutocracy, however, as the most sordid and debasing form of political energy known to us. In its motive, its processes, its code, and its sanctions it is infinitely corrupting to all the institutions which ought to preserve and protect society. The time to recognize it for what it is, in its spirit and tendency, is when it is in its germ, not when it is full green.

William Graham Sumner, “Democracy and Plutocracy,” in Earth Hunger and Other Essays (1914), pp. 294 – 295.

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