Thursday, November 26, 2009

Happy Thanksgiving!

To understand the history and significance of the first Thanksgiving in November, 1623 read the journal of Pilgrim Governor William Bradford. The Mayflower Compact set up a commune at the Plymouth Bay Colony with equal collective ownership, hence destroyed all incentive and half the Pilgrims starved to death. This disastrous socialist experiment was successfully replaced with capitalist individual farm plots on their plantation according to Bradford so that the Pilgrims would be incentivized by benefiting from their own individual efforts, and with farming knowledge learned from the local Indians, food became abundant leading to the first Thanksgiving celebration and subsequent success of the colony.