Celebrate!

PoliticalChic

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Oct 6, 2008
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March 19, 1590

On this day, William Bradford was baptised (no specific record of his birth).

An original Pilgrim (“separatists”) of the Mayflower, he became the second leader of the Plymouth Colony (1621) upon the death of John Carver. He was the principal architect of the Mayflower Compact, and introduced a system of privatization contending that colonists produced more farming for themselves than for the community. He wrote the following toward the end of his life:

Faint not, poor soul, in God still trust,
Fear not the things thou suffer must;
For, whom he loves he doth chastise,
And then all tears wipes from their eyes.

Bradford described the introduction of capitalism (1623)to replace communal use of the land:
"And so assigned to every family a parcel of land, according to the proportion of their number, for that end, only for present use (but made no division for inheritance) and ranged all boys and youth under some family. This had very good success, for it made all hands very industrious, so as much more corn was planted than otherwise would have been by any means the Governor or any other could use, and saved him a great deal of trouble, and gave far better content. The women now went willingly into the field, and took their little ones with them to set corn; which before would allege weakness and inability; whom to have compelled would have been thought great tyranny and oppression."

Further,
"Marxism rested on the assumption that the condition of the working classes would grow ever worse under capitalism, that there would be but two classes: one small and rich, the other vast and increasingly impoverished, and revolution would be the anodyne that would result in the “common good.” But by the early 20th century, it was clear that this assumption was completely wrong! Under capitalism, the standard of living of all was improving: prices falling, incomes rising, health and sanitation improving, lengthening of life spans, diets becoming more varied, the new jobs created in industry paid more than most could make in agriculture, housing improved, and middle class industrialists and business owners displaced nobility and gentry as heroes.
These economic advances continued throughout the period of the rise of socialist ideology. The poor didn’t get poorer because the rich were getting richer (a familiar socialist refrain even today) as the socialists had predicted. Instead, the underlying reality was that capitalism had created the first societies in history in which living standards were rising in all sectors of society."
https://www.hillsdale.edu/news/imprimis/archive/issue.asp?year=2007&month=05


Imagine if there had been no original thinker, one who modified the Christianity of these colonists based on human nature, would we have benefited from a free market economy, which made the United States the envy of the world, or would 'social justice' be the direction we took?
And would we have Obamacare?
 
What if all the farmers planted the same cash crop each year? Say corn.
What would happen to the price of corn?
What would be the implications from the absence in our agricultural market?
Government subsidies help the farmers decide what is needed to be grown, and keep them from loosing their butts.

Easy enough for Bradford, he didn’t have over 2,260,994,000 acres of farmland, as we do now.
Now we need regulation and oversight.

You would argue that pre-industrialized America in the 17th century, (masters of all they survey,) have a applicable economic relation to modern chaos mash of socialism, communistic, and material free market we now live in? I disagree.

Times have changed, and so must we. We must change to not only compete, but to survive, let alone thrive.

Possibly our far flung national policies, are to grandiose. That would be an argument.

Possibly “power to the states”, a smaller venture, would be a fix for the ills?
That ALSO would be an argument.

I feel the days of unregulated greed at the national level must be made transparent, and in this way the inherent problems in our system will be made self evident.
We must be careful to not demonize the many forms of civic policies, as “evil”.
Sometimes good ideas come from the most unlikely sources.
I think you confuse the issue.
 
What if all the farmers planted the same cash crop each year? Say corn.
What would happen to the price of corn?
What would be the implications from the absence in our agricultural market?
Government subsidies help the farmers decide what is needed to be grown, and keep them from loosing their butts.

Easy enough for Bradford, he didn’t have over 2,260,994,000 acres of farmland, as we do now.
Now we need regulation and oversight.

You would argue that pre-industrialized America in the 17th century, (masters of all they survey,) have a applicable economic relation to modern chaos mash of socialism, communistic, and material free market we now live in? I disagree.

Times have changed, and so must we. We must change to not only compete, but to survive, let alone thrive.

Possibly our far flung national policies, are to grandiose. That would be an argument.

Possibly “power to the states”, a smaller venture, would be a fix for the ills?
That ALSO would be an argument.

I feel the days of unregulated greed at the national level must be made transparent, and in this way the inherent problems in our system will be made self evident.
We must be careful to not demonize the many forms of civic policies, as “evil”.
Sometimes good ideas come from the most unlikely sources.
I think you confuse the issue.

Welcome to the board. Always nice to see new members.

Actually, you conflate the issue.

In simple tones of black and white, Bradford should be celebrated because he understood that human nature is based largely on self aggrandizement.

Of course, you make an excellent point in "...modern chaos mash of socialism, communistic, and material free market we now live in..." but this requires a response of at least book length.

The obverse of a free market system is a 'command and control' system in which an all-knowing power tells the serfs what to do.

The most that has ever accomplished is the semi-socialized EU, and most agree that our system provides far more opportunity to those who apply themselves.
And the worst, well, 100 million slaughtered under communism in the last century.

To review: the thesis of the OP is that the individual and the society both benefit from allowing each to benefit from the fruits of one's own labor.
 
Government subsidies help the farmers decide what is needed to be grown, and keep them from loosing their butts.

So much left out in one statement, why is that, its not important to address the entire issue or was it simply the idea of this member to say so much not one person could challenge it all.

What is missing is that the politicians are putting the subsidies in their own pocket, thats right, the politicians in favor of subsidies to farms own the farms recieving the subsidies.

Funny the mention of corn, Congress mandated ethanol from corn, every congressmen that owned a farm voted for the mandate requireing Corn be made into fuel.

Now we have countries like Brazil sueing the USA in world court over these subsidies costing the US tax payer even more money.

More regulation and oversight except in this case the regulation caused a massive spike in prices and the oversight is being done by politicians who make the regulations that they profit from.

What we need are more William Bradfords, to attack a man simply because he advocated capitalism shows extreme ignorance.

Capitalism has given more life, liberty, and oppurtunity to humans than any other system.

Times have changed and so must we, really how have times changed, as far as I can see people work, live and eat. We keep hearing things need to change and its bullshit, what needs to change is education.

The filth of Marxism is everywhere especially our schools, its Marxist followers who are destroying the minds of children, you see it on these boards, all the hate the USA, hate capitalism, its time for change.

Capitalism gave us the best Universities in the world, minus the Marxism that is destroying them but that said the USA is still the best place to learn, best place to learn everything from mechanics, engineering, medicine.

Capitalism developed oil which has given the entire world a better life.

Greed, thank god for greed, sure there are excesses, but the greed for money developed oil, the greed for prestige resulted in the rich creating great hospitals. Greed is not always bad and its not the governments job to regulate greed.
 
What if all the farmers planted the same cash crop each year? Say corn.
What would happen to the price of corn?
What would be the implications from the absence in our agricultural market?
Government subsidies help the farmers decide what is needed to be grown, and keep them from loosing their butts.

Easy enough for Bradford, he didn’t have over 2,260,994,000 acres of farmland, as we do now.
Now we need regulation and oversight.

You would argue that pre-industrialized America in the 17th century, (masters of all they survey,) have a applicable economic relation to modern chaos mash of socialism, communistic, and material free market we now live in? I disagree.

Times have changed, and so must we. We must change to not only compete, but to survive, let alone thrive.

Possibly our far flung national policies, are to grandiose. That would be an argument.

Possibly “power to the states”, a smaller venture, would be a fix for the ills?
That ALSO would be an argument.

I feel the days of unregulated greed at the national level must be made transparent, and in this way the inherent problems in our system will be made self evident.
We must be careful to not demonize the many forms of civic policies, as “evil”.
Sometimes good ideas come from the most unlikely sources.
I think you confuse the issue.

"...feel the days of unregulated greed at the national level..."

The idea of regulation by technocrats, bureaucrats, experts, a tenet of Progressivism, should have been put to rest by the work of Krondratiev.

"The famous economist, Joseph Schumpeter, said that the Kondratiev Wave is “...the single most important tool in economic forecasting.” So, what is the Kondratiev Wave or Cycle? Why is it important for all of us to know about it?

Nikolai D Kondratiev (1892-1938) was an eminent Russian economist. He was one of the architects of the first Five Year Plan, an economic program put into place in the Soviet Union after the Russian Revolution. During the 1920s, Kondratiev studied the history of the capitalist system. In 1926, he published his conclusions in “Long Waves in Economic Life.” He found that the capitalist system has cycles which are very similar to the seasons of the year. When he began his work, Kondratiev was in favor with Lenin and Stalin. However, after he published, he fell out of favor. In fact, Kondratiev lost his position as the director of an economic institute, and he was later sentenced to the Soviet Gulag. He died in the Gulag.

Why in the world would an economist, a practitioner of such a “dreary” profession, be given such harsh treatment? Simple. The Soviet leaders believed that capitalism was doomed to collapse, but Kondratiev’s research showed that capitalism is actually a SELF-RENEWING system. Therefore, while capitalism is cyclical, and while it has significant “ups and downs,” it always renews itself and, as such, it offers mankind the best hope for economic betterment.

What is the Kondratiev Cycle? It is an economic cycle which generally lasts between 50 to 60 years. It begins with what has been called the Kondratiev Spring. This is marked by economic expansion. Savings are at fairly high levels, and interest rates are low. Stocks and real estate are the most successful investments. The Spring is followed by the Summer. This time is marked by high inflation, high interest rates and by volatility. Commodities, gold, and real estate do well during the summer."

The Richter Report - The Kondratiev Cycle

You see, while an 'unregulated' free market regulates itself, allowing poor models to fail, the central planning model does not.
 

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