Capitalism is the great equalizer, and that is precisely why it is so dangerous.
There is no force in history that has done more for equality: tearing down barriers, weakening caste structures, disrupting feudal power. Tocqueville welcomed this march of equality but also feared its less obvious consequences. Perhaps those aristocratic barriers, structures, and fiefdoms served a function that would now be unfulfilled. He came to America to see the endpoint of this process — the place where commerce and equality had gone further than anywhere else on earth.
This June, I led 5 students on a grand tour across the Atlantic to read Democracy in America in the very chateau it was written, to meet the Tocqueville family, and to discuss his insights with technologists and philosophers in the spaces Tocqueville used to host his salons.
I chose these 5 students because they are from a school distinctively American in its love of entrepreneurship,
@Alphaschool. I wanted to take them through Tocqueville not just to read an old book but to hold up a mirror: so that they can know themselves better, that they can understand the origin, strengths, and limitations of an American, entrepreneurial education. And I wanted to share this seminar with you not only for you to understand Tocqueville’s insights on America and capitalism but to hear how the best and the brightest in the next generation are thinking about technology, inequality, AI, and the future of work.