What did ralph waldo emerson describe as "a sovereign state" in his address, the american scholar, given at harvard college in 1837?

Emerson gradually moved away from the religious and social beliefs of his contemporaries, formulating and expressing the philosophy of transcendentalism in his 1836 essay "Nature". Following this work, he gave a speech entitled "The American Scholar" in 1837, which Oliver Wendell Holmes Sr. considered to be America's "intellectual Declaration of Independence."

i believe it would be capitalism