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Preservation of Property and Oligarchy in Early Polities
The property class sought to prevent the tyranny of the majority by safeguarding their property from redistribution to war veterans seeking security and power. The foundation of the polity was to protect private property, evident in the self-selected delegates, primarily money lenders and real estate speculators. The history of Latin America contrasts the US ideals, highlighting an early oligarchic structure against indigenous peoples and the working class.