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" conception of democracy that includes the goals of human equality, even the limited form of equality of opportunity, and human freedom. … Labor-repressive agricultural systems, and plantation slavery in particular, are political obstacles to a particular kind of capitalism, at a specific historical stage: competitive democratic capitalism we must call it for lack of a more precise term. "

James M. McPherson , Abraham Lincoln and the Second American Revolution


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James M. McPherson quote : conception of democracy that includes the goals of human equality, even the limited form of equality of opportunity, and human freedom. … Labor-repressive agricultural systems, and plantation slavery in particular, are political obstacles to a particular kind of capitalism, at a specific historical stage: competitive democratic capitalism we must call it for lack of a more precise term.