Final answer:
The phrase in question encapsulates the democratic ideal of rule of law, which guarantees that all citizens are equally subject to the law that should be fairly applied, involving fair trials and just punishments.
Step-by-step explanation:
The phrase 'no freeman shall be captured or imprisoned or exiled except by the lawful judgement of his peers or by the land' is essentially an encapsulation of the rule of law. Rule of law is a vital democratic ideal that ensures all individuals, regardless of their status, are subject to the law and this law should be fairly applied. In democracies, fair trials, peer judgement, and just punishments are integral parts of the rule of law thus ensuring justice and equality.
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