[ls-lah_33]

The US was founded as a rebellion against aristocracy.

However, in 1825 Jefferson noted that, much like today, the country was becoming increasingly controlled by what he termed 'monied in corporations' and therefore seemed to be eroding the achievements of the revolution:

[T]his opens with a vast accession of strength from their younger recruits, who having nothing in them of the feelings or principles of ’76 now look to a single and splendid government of an Aristocracy, founded on banking institutions and monied in corporations under the guise and cloak of their favored branches of manufactures commerce and navigation, riding and ruling over the plundered ploughman and beggared yeomanry. this will be to them a next best blessing to the Monarchy of their first aim, and perhaps the surest stepping stone to it.

https://founders.archives.gov/documents/Jefferson/98-01-02-5...