Thanksgiving:  America’s First Economics Lesson

 

by Kerry Thomas

November 9, 2005

 

 

With Thanksgiving fast approaching, it appears a history lesson is in order again, especially in light of Richard Moore’s November 8 editorial, calling for a guaranteed national income.

 

The lesson of Thanksgiving is a lesson in economics.  It is a lesson in the triumph of capitalism over communism, a practical lesson in survival, not just a theoretical debate between the two economic concepts.

 

In 1620 the English Puritan Separatists  (the Pilgrims) established the colony of New Plymouth.  The history of the colony was chronicled by Governor William Bradford in his book, History Of Plimouth Plantation.  The Mayflower Compact was their initial governing document, and placed their stores in communal trust for all in the colony.  All would share equally both the land and the harvest.

 

In 1621 there was a three-day feast with the Indians, but, as chronicled by colonist Edward Winslow, it was more of a shooting party than a celebration.  By 1623 it became clear to Governor Bradford that the communal system was not working.  It was decided that each family would be assigned a plot of land, and would be allowed to keep what each produced.  In the words of Governor Bradford "At last after much debate of things, the governor gave way that they should set corn everyman for his own particular…. That had very good success, for it made all hands very industrious, so much more corn was planted than otherwise would have been."

 

During the summer of 1623 there was a drought.  The crops were threatened, and the colonists held a "Day of Humiliation" and prayer.  The rains came and the harvest was saved.  Governor Bradford proclaimed November 29, 1623, as a Day of Thanksgiving.

 

The lesson of the Pilgrims is that it is proper for the fruits of the labor of each person and family to belong to those who produced them.  In the words of Governor Bradford “The experience that has had in this common course and condition, that amongst Godly and sober men, may well evince the vanities of the conceit of Plato's and other ancients, applauded by some of later times; that the taking away of propertie, and bringing into commone wealth, would make them happy and flourishing, as if they were wiser than God.”  In other words, the communal economic system would seem to be contrary to natural law.

 

It is said that those who do not learn from history are doomed to repeat it.

 

Richard Moore says our society now functions from the top down, and calls for a change, to a “from the bottom up” system.  I have to say, I agree.  We’ve allowed our experiment in self-governance to morph into a communal system, wherein the State uses the threat of force to compel Citizens to follow the dictates of the State.

 

Between Rooosevelt’s New Deal and Johnson’s Great Society, the War on Poverty has cost America trillions of dollars.  But we’ve also paid a high price in terms of individual liberty and the ability of our citizens to achieve their own dreams.

 

Let’s let capitalism and individual drive, the natural yearning of the human spirit to be free to pursue our individual dreams, propel America to new heights.

 

Capitalism and a Republican form of governance put faith in the power of the individual to determine for themselves the path in life they will pursue.  It is truly a “from the bottom up” system, complete with both risk and reward for those who understand the natural yearnings of the human spirit.