Alexander Hamiltons Vision for the US was Superior to that of Thomas Jeffersons - Essay Example

The principal founding fathers of the US were Alexander Hamilton and Thomas Jefferson. Their approach to the task of developing this newly formed nation was different. Hamilton advocated economic policies that were patently undemocratic in their outlook. Despite the seemingly, autocratic nature of his policies, the nation was able to recover from its huge debt.

Jefferson, by contrast, seemed to be a pristine and principled father figure; and he was disgruntled with the increasing popularity that was being accorded to Hamilton and his policies (Alexander Hamilton, Economic Prophet ). All the same, they had the same outlook towards improving the financial status of the nation and recommended an economy that was based on independence and integrity. However, Hamilton’s economic vision was better and established the best path for reaching the common objective.

His unflagging efforts resulted in the creation of a mixed and centralized economy, which procured economic freedom for the country and established the economic framework that ensured continued progress (Allen). One of his major achievements was the control of the national debt. Jefferson has provided the ideals for the nation, but the practical achievement of national unity, based on a strong economy was the handiwork of Hamilton. The latter’s approach was founded on the precept that an individual accords greater importance to what he owns.

His economic initiative permitted the US to discard its dependence on European powers. Hamilton promoted an economic policy that was founded on industry and agriculture. This was in marked contrast to Jefferson’s economic vision that was based on agriculture. It was Jefferson’s opinion that Hamilton’s policies had destroyed the values, for which the Revolutionary War had been, waged (Allen).