Lincoln's purpose in promoting Whig capitalism was not self-interest per se, but capitalism's necessary connection to equality, self-transformation, and social mobility, which were Lincoln's real goals. The essence of a free society, Lincoln said in 1859 (and here he was pirating J.S. Mill's Principles of Political Economy), was the openness it afforded to each of its citizens to make of themselves whatever they could, without the handicap of artificial inequalities based on status, nationality, or race. One could not do this in an economic environment governed by status, racial stratification, or centralized planning. Lincoln loved the Declaration's affirmation of all men's natural equality; but that equality would be meaningless without the unfettered opportunity to use it for something. If a national bank, tariffs, and "international improvements" promoted these opportunities, then they really were serving the interests of the natural rights to life, liberty, and the pursuit of happiness.
American historian
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[T]he attention span for political affairs in a democracy is a limited one. The fundamental genius of a liberal democracy lies in how it restrains government and permits its citizens to pursue their own interests without unnecessary molestation. So when we must address political or national issues—whether it’s “On to Richmond” or “54-40 or Fight”—we want problems addressed swiftly, so that we can turn back to our private concerns. When that doesn’t happen, we turn back to the private concerns anyway, and the problems and their solutions are left to fester or find their own solutions.
Southern slave owners constantly agitated in the 1850s for state centralization of economic activities that would promote slave agriculture: state-sponsored agricultural surveys, state-subsidized agricultural periodicals, and state investment in railroads (at more than twice the rate of Northern state assistance) which would unite the South and the West and encourage more intensive cotton cultivation. They were, as historian John Majewski remarks, the forerunners of the "southern Progressives of the early twentieth century."
[T]he defeat of the Confederacy did not necessarily mean the end of oligarchy. Despite the destructiveness of the war, Southern land tenures remained largely undisturbed, and in the Reconstruction years, the sadder-but-wiser oligarchs learned how, once again, to play on the racial hatreds they had spent decades so sedulously cultivating among the white yeomanry.
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[T]he wall of separation between public and private higher education has been eroding for the last half-century. Funding from public sources now constitutes the bulk of higher-education resources in the United States, whether in the form of government subventions for research and programs, or in the much vaster influx of government-guaranteed student loans. For all realistic purposes, the distinction between public and private higher education has ceased to exist. Further, the vast numbers of young American adults being drawn in to the college and university system (some 20.4 million, up by 25 percent from 2000 alone)—on the assumption that college degrees are virtually a sine qua non of entrance into profitable commerce or lucrative professions—has evaporated what little is left of the pretense that academe constitutes some monastic realm, beyond the orbit of civil society.
Lincoln sees American democracy as a last stand, what he calls the last, best hope. And if this goes down, we may so discredit the whole notion of democracy that no one will ever want to go this way again, and so this is the test. It’s a test of whether or not we’ll have this new birth of freedom, if we’ll finally shuck off these last husks of aristocracy and move forward in the direction of democracy. That for him is the vital issue.
Today’s despisers of free speech have their roots in a different ideology from the tribal sort that was used to justify slaveholding and Puritanism. This newer ideology began with Karl Marx—or rather, with the struggle of Marxist intellectuals to explain the failure of the European proletariat to rise in violent revolution at the outbreak of World War I. Rather than joining in solidarity with the working classes of other nations, European workers rallied in dismaying numbers to their national flags, exhausted themselves in a four-year killing spree that beggared all previous descriptions of war, and then succumbed to waves of populist fascism. The only revolution that Marxists could tease out of the charnel house of the Great War was a coup d’état in the most backward and least industrially developed empire of Europe and, even then, only by the substitution of what Vladimir Lenin called a “vanguard” of Marxist elites rather than a spontaneous uprising of the workers.
Lincoln habitually would tell people he was totally ignorant of a subject which in fact he was quite well versed in, because then they would underestimate him, and when they underestimated him they would fall into his trap. Leonard Swett once said that anybody who mistook Lincoln for a simple man would soon end up with his back in a ditch.