Slavery

The masterful words in the American Declaration of Independence that have inspired untold millions of people around the world hailed a transformative conception of man and the human condition by declaring that all men were created equal.

It is not capitalism that has failed black America. Rather it is the state and its interventions in the market. And the failure for this to have been seen is the greatest illusion that pervades American society.

Free, competitive markets have been the engine for both freedom and prosperity. In addition, free market capitalism is morally based on the principle of individual rights to life, liberty and honestly acquired property, in which all social relationships require the voluntary and mutual consent of the participants.

Lincoln understood that the intertwining of free labor and property rights was essential to securing and maintaining the liberty espoused by the Declaration of Independence and guaranteed by the Constitution.