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47 Am. J. Pol. Sci. 1 (2003)

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Thomas Jefferson's Liberal Anticapitalism


Claudio J. KatZ Loyola University Chicago



      This article reassesses Thomas Jefferson's political economy in light of debates about the influence of liberal and republican
      ideas on his thought. I argue thatJefferson embraced liberal premises, but used them to reach anticapitalist conclusions. He
      opposed neither commerce nor theprosperity itpromised; he opposed workingfor a wage, and he did so on liberalgrounds.
      Thefirstsection ofthis articleshows thatJohn Locke's theory ofproperty turns on thejustification ofcapitalist labor relations.
      The second section establishes, first, that Locke's argumentplayed a decisive role in the development ofJefferson's own and,
      second, that Jefferson redefined its terms to fashion a forceful critique of wage labor. An examination ofJefferson's writings
      elucidates a neglected variant of the liberal tradition, prevalent in the United States until the Populist agitation. Its core is
      the stigma attached to workingfor hire as a diminishedform of liberty, tantamount to wage slavery.


         nderlying recent debates  about the  lineage of
         Thomas  Jefferson'spoliticaltheoryisthepremise
         that liberalism is uniquely associated with cap-
italism. Republican  interpretations stress that only a
civic humanist  or communitarian inheritance can ex-
plain Jefferson's aversion, widely shared by his contem-
poraries, toward uninhibited private gain (Gibson 2000,
274, 293-97;  Yarbrough   1998, 1-26,  55-152; Sheldon
1991, 57-58, 146; Banning  1986, 12-17; Matthews  1984,
119-26;  McCoy   1980, 67-85, 120-135, 152-78,  236-52;
Wood   1969, 413-29). Challenging this reading, students
of Jefferson's work cite his repeated endorsements  of a
dynamic,  prosperous  economy   as evidence  of the lib-
eral provenance  of his thought (Dienstag 1996a, 1996b;
Zuckert 1996, 79-81, 212-19; Appleby 1992, 253-76, 291-
319; Appleby  1984). For the founders' generation, con-
tends Appleby  (1984, 22-23, 104), capitalism represented
an emancipatory  promise, providing ordinary household-
ers with the material resources to gain real control over
their lives. Jefferson was unaware of capitalism's charac-
teristic vices, the unrestrained acquisitiveness and class
inequalities that became apparent over the course of the


nineteenth century (Appleby  1992, 337-38; Kloppenberg
1987, 28-29). In reinstating the predominance of his lib-
eralvision, however, scholars have ignored the evidence of
Jefferson's profound hostility to capitalist accumulation.1
Can  Jefferson's liberal sympathies be reconciled with his
antipathy to unlimited appropriation?
    In this article, I argue that Jefferson reinterpreted
Locke's theory  of property to reach anticapitalist con-
clusions. Locating Jefferson's thought in its Lockean ma-
trix reveals a central dimension of his reservations about
capitalist development. Accounts of his profound debt to
Locke overlook the fact that it does not encompass Locke's
defense of the wage relationship (see, e.g., Dienstag 1996a,
1996b; Zuckert  1996). On  the contrary, Jefferson's con-
ception of property  precludes capitalist labor arrange-
ments. One  of his principal aims is to protect self-directed
work. Accordingly, he amends  the property right to pro-
scribe economic  relations that require some individuals
to work  under  the direction of others. Jefferson's op-
position to hired labor is equally important in explain-
ing his approach to markets. Producing  goods for profit
is morally defensible: proprietors secured a comfortable


Claudio J. Katz is Professor of Political Science, Loyola University Chicago, 6525 North Sheridan Road, Chicago, IL 60626-5385
(ckatz@luc.edu).
I wish to thank the reviewers of the AJPS for helping to sharpen my argument.
1See, e.g., Jefferson's strictures upon the barren and useless investments in paper speculation (TJ to George Washington [May23, 1792]
1984, 986); the manufacturers of the great cities in the old countries.... with whom the want of food and clothing necessary to sustain life,
has begotten a depravity of morals, a dependence and corruption, which renders them an undesirable accession to a country whose morals
are sound (TJ to Mr. Lithson [Jan. 4, 1805] 1903, 11: 55); the happiness of scientific England, where economic growth rests on the
pauperism of the lowest class, the abject oppression of the laboring, and the luxury, the riot, the domination and the vicious happiness of
the aristocracy (TJ to Dr. Thomas Cooper [Sept. 10, 1814] 1999, 137-8); the wars for commerce to abet the avidity and commercial
speculations of a a few millinary merchants (TJ to William Crawford [June 20, 1816] 1903, 15: 29). This evidence belies attempts to
present Jefferson as an advocate of capitalist development (see Pangle 1988, 98-100, 299-300, n. 8).
American Journal ofPolitical Science, Vol. 47, No. 1, January 2003, Pp. 1-17


02003 by the Midwest Political Science Association


ISSN 0092-5853


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