Jay's Tuesday Free Enterprise Quote - 28 January 2014

By
Home Inspector with Jay Markanich Real Estate Inspections, LLC 3380-000723

 

 
"The settlers now began to consider corn more precious than silver."

Governor William Bradford (1590 - 1657)
 
And why wouldn't they?  Something is only money insofar as it is accepted.  What would silver have bought the colonists of the Mayflower Ship?
 
For various reasons, including bad planning, the Mayflower colonists (they weren't called "Pilgrims" until centuries later) landed at the 42nd parallel, the Cape Cod area, at the start of winter, November 1620.  As a part of the Virginia Company of London they were to land between 38 and 41 degrees latitude, but stopped at the 42nd instead.  Some say they were running low on drink, which was a non-alcoholic beer.
 
They called their settlement the Plymouth Plantation.  Due to cold, disease and starvation only 50 of the original 102 survived the first winter.  It was a disaster.
 
To begin, they implemented a system of communal labor for the colony.  It was a system demanded of them by their investors in England, and called "the common course and condition,"  including a communal stewardship of land. 
 
That was thought to be the most fair system to distribute what had been produced.  Each member of the colony was given a plot of land to tend and his production was to be given to the common storehouse.  It was then redistributed as needed.  What each received was a set amount of grain, and no matter how much he had produced.
 
By the spring of 1623, and no larger than 150 people at that time, the colony was still struggling to provide enough food for itself and had been returning nothing to the investors in England. What were they to return to investors?  A tax of 50% of all produced!
 
The result of the common course and condition  suffered from an immediate affliction - some were unwilling to work, knowing that they would receive a set amount of grain no matter what they had given.  This created overall discontent among those who actually worked, a loss of respect for some and was considered unjust.  And this among, as Bradford called them, "godly and sober men."
 
Newcomers would arrive and find no bread, little food and disarray.  Wrote Bradford in his journal, "So they began to think how they might raise as much corn as they could, and obtain a better crop than they had done, that they might not still thus languish in misery."
 
They had a colonial confab and decided to go with, wait for it - PRIVATE PROPERTY.
 
Bradford again records, "At length, after much debate of things, the Governor (with the advice of the chiefest among them) gave way that they should set corn every man for his own particular, and in that regard trust to themselves; in all other things to go in the general way as before.  And so assigned to every family a parcel of land, according to the proportion of their number."
 
This "brought a very good success,"  and Bradford records that more land was privatized.
 
Not only did the families each police themselves as to production and produce, they began trading with each other!
 
This foundation of economic freedom produced results that were staggering.  FREE ENTERPRISE!  Within two years the trade between the families had extended to the nearby, and friendly, Wampanoag tribe, which created access to other types of goods!  And then consider the Governor's comment above - they had no need of silver as money or desire.  They had precious corn!  And other things!
 
MORE FREEDOM, MORE FOOD, MORE COMFORT, MORE PEOPLE!  The colony grew.
 
Private property, individual economic incentive, improved their standard of living, and spurred economic growth - AND PROSPERITY!
 
So, brothers and sisters of the congregation, what can we learn from free enterprise experiment of the Plymouth Plantation?
 
When William Bradford died, one of the many books in his estate was one written by Jean Bodin, called Six Books of A Commonweale.   In it, Bodin criticizes Plato's Republic, which, of course, preaches utopianism.  Plato's idea was to abolish private property, and reduce most people to slavery overseen by high-minded, Wizards of Wonderfully Smart guardians, who would be the decision makers for the republics' slaves.  To rebut that, Bodin argued that communal property was "the mother of contention and discord,"  and any society based on it would wither and die because "nothing can be public where nothing is private."
 
Later, when the Plymouth Colony was absorbed by the Commonwealth of Massachusetts, nobody heard again of the "common course and condition."
 
And necessarily so.  And they all lived happily ever after.
 
Until communal redistribution reared its ugly head again.
 
The End.
Posted by

Jay Markanich Real Estate Inspections, LLC  

Based in Bristow, serving all of Northern Virginia.

Office (703) 330-6388   Cell (703) 585-7560

www.jaymarinspect.com


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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Doug Dawes 01/27/2014 11:55 PM
Topic:
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Rainmaker
694,615
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Jay,

I would think that inexperience was the deciding factor in the failure of the plantation. 50% tax. really?

Have a good day in Bristow.

Best, Clint McKie

Jan 27, 2014 09:55 PM #1
Rainmaker
1,843,015
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Clint - add up federal, state, local, property, sales, utility, phone, usage fees, yadda, yadda - what do you get?  As to the rest, producers can't produce enough when some don't want to play.

Jan 27, 2014 09:58 PM #2
Rainmaker
1,250,736
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning Jay,

So many things a handful of politicians believe in that make life cumberson for the majority. 

Make tourself a great day.

Jan 27, 2014 10:48 PM #3
Rainmaker
1,843,015
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Cumbersome would be the kind word Raymond.

And I will!  You too.

Jan 27, 2014 10:52 PM #4
Rainmaker
759,693
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

This is really good Jay. Collective Farming has never worked. It is only when people can produce and share in the profits of their efforts that enterprise works. 

Jan 27, 2014 11:46 PM #5
Rainmaker
1,843,015
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Ask the people from the Ukraine how they feel about Stalin and his collectivist farming demands way back Doug.  They hate him to this day.

Jan 28, 2014 02:34 AM #6
Rainmaker
592,740
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

Just an early form of Socialism and exactly where we are headed. Too bad our leaders are too stupid to learn from history.

What you produce or provide to society no longer matters. Everyone should be rich and have all they need!

Jan 28, 2014 05:06 AM #7
Rainmaker
592,740
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

I don't think inexperience had much if anything to do with the failure. The fact that I can work and get 50 lbs of corn or I can not work and get 50 lbs of corn was the deciding factor.

Who died? The infirm, those prone to sickness? Don't think so, they weren't sent if they weren't healthy. I would bet the vast majority worked themselves to death (whether sickness or injury) while the survivors were the ones that produced little. Be careful telling me your anscestors came over on the Mayflower....maybe not that impressive?

Jan 28, 2014 05:09 AM #8
Rainmaker
1,843,015
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I addressed that inability to learn in a previous post Than!  It involved the Wizards of Wonderfully Smart!

A couple of the settlers were farmers, so that wasn't the issue.  And they had Squanto showing them how to plant seeds with small fish for fertilizer.  The Wampanoag tribe was friendly from the start.  They failed because some saw they did not need to contribute in order to still receive their set portions.  That would cause discord among any group.

Jan 28, 2014 05:35 AM #9
Ambassador
2,738,698
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Jay.  If the past 5 years hasn't taught folks anything, they simply do not want to learn - anything.

What's so sad is, in the American system of representation, redistributionists can often hold a dangerous amount of power, like today.

The question for the speech tonight is, who's going to get the blame for the failure???

 

 

 

Jan 28, 2014 06:59 AM #10
Rainmaker
1,843,015
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

First, it isn't a speech tonight.  It's a whine.

Remember how Reagan got the blame for everything until Bush came along?  Now, it might be too late for Bush to be blamed now, but those Republicans are surely responsible for everything, including the "health" care problems!  If only there were none of them!

People who believe what they hear instead of seeing what they see are the reason we are where we are.  To call them "low information" is kind.

Jan 28, 2014 07:28 AM #11
Rainmaker
592,740
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

I didn't watch the 'whine fest' at all. I am sure he said everything is everyone else's fault.

The only thing I am sure he said was about having a pen and being willing to issue executive orders to stop the impass.

Thought that was the reason for two parties? So, both sides have a voice? Personally, I think the Reps are too big of wimps and deal too fast. The idiots actually think if they cave enough the MSM will report fairly.

Jan 29, 2014 01:20 AM #12
Rainmaker
1,431,210
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Rush Limbaugh tells this story every Thanksgiving and covers it in his new Children's book.

Jan 29, 2014 04:42 AM #13
Rainmaker
1,843,015
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I did not see it Than, but heard there was a huge disconnect with reality.  Apparently everything is booming!  And we don't want dictators with pens.  He has already issued more Executive Orders than the last five presidents combined...

Gene - I remember it from one of his older books.  But this is my story and I'm sticking with it!

Jan 29, 2014 07:51 AM #14
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Rainmaker
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