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The democrats "identify with the people, have confidence in them, cherish and consider them as the honest & safe . . . depository of the public interest," if not always "the most wise." [quoted by Chomsky, Powers and Prospects , p. 88] As Chomsky notes, the "aristocrats" were "the advocates of the rising capitalist state, which Jefferson regarded with dismay, recognising the obvious contradiction between democracy and the capitalism." [ Op.