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  • Pilgrim lesson: Spreading wealth leads to pooled poverty

    11/24/2011 7:50:43 PM PST · by ReformationFan · 10 replies · 1+ views
    OneNewsNow ^ | 11/23/2011 | John Aman
    Those who still think that it's a good idea for government to "spread the wealth around" must think they're "wiser than God." That's what Plymouth Governor William Bradford concluded nearly 400 years ago after one of America's first socialist experiments led not to shared wealth, but pooled poverty. The Pilgrims, whom we remember at Thanksgiving, started life in the New World with a system of common ownership forced on them by Plymouth colony investors. That quasi-socialist arrangement proved disastrous, and had to be scrapped for one which gave these first Americans the right to keep the fruits of their labor...