John Stossel wrote a great column about how, if the present political class had been in power four hundred years ago, we would not have Thanksgiving today.

Long before the failure of modern socialism, the earliest European settlers gave us a dramatic demonstration of the fatal flaws of collectivism. Unfortunately, few Americans today know it.

The Pilgrims at Plymouth Colony organized their farm economy along communal lines. The goal was to share the work and produce equally.

That’s why they nearly all starved.

…. What Plymouth suffered under communalism was what economists today call the tragedy of the commons. The problem has been known since ancient Greece. As Aristotle noted, ‘That which is common to the greatest number has the least care bestowed upon it.'”

(That reminds me of something Winston Churchill once said, “The longer you can look back, the farther you can look forward.”)


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