Free Markets Produce Prosperity: Lessons Learned From The Pilgrim’s Plymouth Colony Economy

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This segment of What’s Ahead with SteveForbesCEO tells the real story of Thanksgiving, not the mythical one handed down to us.

of What’s Ahead tells the real story of Thanksgiving, not the mythical one handed down to us.

The pilgrims originally set up a socialist, almost communist-like economic system for their nascent settlement. The results were disastrous. Hunger and destitution reigned. Then the pilgrims made a radical change to free markets and private prosperity. Soon enough, shortages turned to abundance.Hopefully the hard-won wisdom of the Pilgrims won’t be forgotten as the Senate takes up Biden’s socialistic Build Back Better bill.

 

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