Gimme a Turkee!

Stossel:

Every year around this time, schoolchildren are taught about that wonderful day when Pilgrims and Native Americans shared the fruits of the harvest. "Isn't sharing wonderful?" say the teachers.

They miss the point.

Because of sharing, the first Thanksgiving in 1623 almost didn't happen.

The failure of Soviet communism is only the latest demonstration that freedom and property rights, not sharing, are essential to prosperity. The earliest European settlers in America had a dramatic demonstration of that lesson, but few people today know it.

When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.

They nearly all starved.

Why? When people can get the same return with a small amount of effort as with a large amount, most people will make little effort. Plymouth settlers faked illness rather than working the common property. Some even stole, despite their Puritan convictions. Total production was too meager to support the population, and famine resulted. Some ate rats, dogs, horses and cats. This went on for two years. [...]

When action is divorced from consequences, no one is happy with the ultimate outcome. If individuals can take from a common pot regardless of how much they put in it, each person has an incentive to be a free rider, to do as little as possible and take as much as possible because what one fails to take will be taken by someone else. Soon, the pot is empty and will not be refilled -- a bad situation even for the earlier takers.

What private property does -- as the Pilgrims discovered -- is connect effort to reward, creating an incentive for people to produce far more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.

Secure property rights are the key. When producers know that their future products are safe from confiscation, they will take risks and invest. But when they fear they will be deprived of the fruits of their labor, they will do as little as possible.

Indeed. In that sense, A Charlie Brown Thanksgiving demonstrates how gun control erodes property rights. To avoid his dilemma, Charlie Brown ought to have told Pepermint Patti "bitch, you even think of coming over to my pad and eat my food, I'll blow your frickin' head off," and she would have known the risks inherent in attempting to invite herself over for Thanksgiving. These are lessons few schoolchildren are taught these days. Other lessons completely absent include how Santa is an enabler of the welfare state and that the Easter bunny represents why food bank programs do not work. What is the world coming to?