Home > Uncategorized > Happy Thanksgiving! Post-turkey history of the Pilgrims. From collectivism to capitalism in the early days.

Happy Thanksgiving! Post-turkey history of the Pilgrims. From collectivism to capitalism in the early days.

November 26, 2009 Leave a comment Go to comments

The Mayflower’s Pilgrim Capitalists

From RealClearMarkets

…For three years Plymouth had operated like other English colonies such as Jamestown, on a communal system where everyone worked the land and shared the fruits of labor. Now instead, in 1623, Bradford decided that each family should have its own plot of land to cultivate and would get to keep what it produced. By rights, this shouldn’t have mattered much to the God-fearing Pilgrims. After all, they were engaged in a heroic endeavor to create a new life for themselves in America and all of them were presumably working as hard as possible to achieve that…

…under Bradford’s new regime, [sic]the change in attitude was stunning. While previously men had tended the fields while women cared for the children, Bradford wrote that now women and children took to the fields, too, and the colony’s output increased sharply. [sic]The inhabitants never again starved…(read more here)

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