Jefferson and Madison opposed Hamilton's plans due to concerns about the impact on social equality and individual freedoms.
Thomas Jefferson and James Madison opposed Hamilton's plans primarily because of their differing views on the role of the federal government and the impact of Hamilton's economic proposals. Jefferson and Madison believed that Hamilton's plans, including the establishment of a national bank and assumption of state debts, favored the wealthy and powerful northern interests over the agrarian South’s interests. They feared that the alliance between commercial capitalists and the Federal Government, as proposed by Hamilton, would threaten individual freedoms and lead to social inequality.
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