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Fascinating dynamic: A “company” appointed by the crown and granted land in Virginia oppresses it’s people horribly only to find that the only way the people would prosper was if they were given their own land.
The worldview discussion possible from this article is… Astounding. 🙂
From Mises.org:
Murray N. Rothbard The result of this communism was what we might expect: each individual gained only a negligible amount of goods from his own exertions — since the fruit of all these went into the common store — and hence had little incentive to work, or to exercise initiative or ingenuity under the difficult conditions in Virginia. And this lack of incentive was doubly reinforced by the fact that the colonist was assured, regardless of how much or how well he worked, of an equal share of goods from the common store. Under such conditions, with the motor of incentive gone from each individual, even the menace of death and starvation for the group as a whole — and even a veritable reign of terror by the governors — could not provide the necessary spur for each particular man. Â
