In sum, then, the primary development of republicanism in America, for the most part under direction of Alexander Hamilton, effectively safeguarded the monopolist, the capitalist, and the speculator. Its institutions embraced the interests of these three groups and opened the way for their harmonious progress in association. The only interest which it left open to free exploitation was that of the producer. Except insofar as the producer might incidentally and partially bear the character of monopolist, capitalist, and speculator, his interest was unconsidered.

—  Albert J. Nock.