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Why did Antifederalists oppose Alexander Hamilton's plan?

They felt it threatened federal unity.

They felt it put too much power into the hands of the wealthy.

They felt it gave too much power to the individual states.

They felt it threatened individual freedoms.

1 answer

Antifederalists primarily opposed Alexander Hamilton's plan because they felt it put too much power into the hands of the wealthy. They were concerned that his financial policies, particularly the establishment of a central bank and the federal assumption of state debts, would favor the elite and undermine the interests of ordinary citizens. Additionally, they were wary of the centralization of power in the federal government that Hamilton's plan represented, as it could threaten individual freedoms and the rights of states. However, the main thrust of their opposition focused on class disparity and centralization of power.