> What the historical record shows is that the two American bourgeois 
> revolutions ... actually facilitated access to the land at nominal prices for 
> white settlers. This widespread landownership amounted to a form of land 
> nationalization [at the expense of the Native Americans, natch] that created 
> favorable conditions for capitalist development through the abolition of 
> ground rent, which constitutes a precapitalist barrier to the  development of 
> the productive forces under capitalism. This, and the absence of an 
> absolutist state bureaucracy, in turn fostered the generalization of 
> commodity production in the countryside, creating a wide home market for the 
> development of industry in the North, which eventually dominated the Union in 
> the aftermath of the Civil War. That is what Lenin showed in his analysis of 
> the "American path of bourgeois development” ... Due to the weakness of 
> Marxism in the United States, progress in this field has consisted mostly in 
> setting the “American path of bourgeois development”  in its peculiar settler 
> colonialist — i.e., white supremacist — context, but the peculiarities of 
> American capitalist development, their impact on class struggles and, through 
> them, the ways in which those peculiarities shaped American political history 
> largely remain to be explored.<

this is very plausible.
-- 
Jim Devine /  "Segui il tuo corso, e lascia dir le genti." (Go your
own way and let people talk.) -- Karl, paraphrasing Dante.
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