Here is the full speech for reference, but Abraham Lincoln was far from a Marxist given that he describes essentially the American dream of starting from nothing to build your own enterprise.
"Again, as has already been said, there is not of necessity any such thing as the free hired laborer being fixed to that condition for life. Many independent men everywhere in these States a few years back in their lives were hired laborers. The prudent, penniless beginner in the world labors for wages awhile, saves a surplus with which to buy tools or land for himself, then labors on his own account another while, and at length hires another new beginner to help him. This is the just and generous and prosperous system which opens the way to all, gives hope to all, and consequent energy and progress and improvement of condition to all."
He's talking about workers owning the means of production. That's straight socialism. Small businesses are socialist. Family farms are socialist. It's large companies that become capitalist as the workers become further and further removed from the means of production.
Also, Lincoln is talking about the master-apprentice relationship common in trades. We've seen such arrangements erode in our society. Now we expect people to take out student loans and fund their own education and then spend years paying off that debt.
Lincoln's approach is, at a minimum, collectivist.
"Again, as has already been said, there is not of necessity any such thing as the free hired laborer being fixed to that condition for life. Many independent men everywhere in these States a few years back in their lives were hired laborers. The prudent, penniless beginner in the world labors for wages awhile, saves a surplus with which to buy tools or land for himself, then labors on his own account another while, and at length hires another new beginner to help him. This is the just and generous and prosperous system which opens the way to all, gives hope to all, and consequent energy and progress and improvement of condition to all."
[1]:https://millercenter.org/the-presidency/presidential-speeche...