Power over a man's subsistence is power over his will

Power over a man's subsistence is power over his will

Alexander Hamilton, one of the founding fathers of the United States, was a firm believer in the idea that power over a man's subsistence is power over his will. This concept, which Hamilton articulated in his writings and speeches, reflects his understanding of the relationship between economic stability and individual freedom.

Hamilton's belief in the importance of economic security as a foundation for personal liberty is evident in his advocacy for a strong central government and a robust financial system. As the first Secretary of the Treasury, Hamilton played a key role in establishing the nation's financial infrastructure, including the creation of a national bank and the assumption of state debts. These measures were designed to stabilize the economy and ensure the government's ability to meet its obligations, thereby providing a secure foundation for individual prosperity.

In Hamilton's view, economic stability was not just a matter of material well-being, but also a prerequisite for political independence. He understood that a man who is dependent on others for his livelihood is vulnerable to coercion and manipulation. If a person's subsistence is at the mercy of others, whether it be a landlord, employer, or creditor, then his will is not truly free. He is constrained by the need to secure his basic needs, and may be forced to compromise his principles or values in order to survive.

Hamilton's own life story exemplifies the connection between economic power and personal agency. Born out of wedlock in the Caribbean, Hamilton faced poverty and hardship from a young age. Through his intelligence, ambition, and hard work, he was able to rise above his humble beginnings and achieve success in the world of politics and finance. However, Hamilton never forgot the struggles of his youth, and he remained committed to creating a society where all individuals had the opportunity to improve their circumstances and pursue their dreams.