On the day after the American Thanksgiving holiday, I spent a few hours walking about a pre-capitalist community. It was the Plimoth Plantation in Plymouth, Massachusetts, on the coast south of Boston. The plantation is a recreation of the hamlet erected by the Pilgrims in 1620 after their landing on the coast of what was to become the Massachusetts Bay Colony.
It is a tourist attraction, with some 10 thatched roofed houses built with historical accuracy and staffed with guides dressed in 17th century style clothing and speaking a bit awkwardly in old English accents to the delight of young children and the amusement of adults.
After walking into three or so of the houses with gardens behind on a cold day, I thought of how did the Pilgrims grow enough vegetables to get themselves through the winter of 1620/1621? Then, I thought of how many kegs of nails and barrels of flour they had brought over in the small Mayflower sailing ship? Enough for a winter? A year? Two years?
They had no smithy then and so how could they have made or repaired iron tools – saws, hoes, etc. Could their saws cut down enough trees for boards and firewood? What if a saw broke?
Suddenly, every aspect of their lives appeared to have been arduous. Cooking in a dark room. Walls that could not keep out the winter cold. Did they bring enough woven cloth from which to make new shirts, dresses, pants and warm coats?
They had no shopping mall, no stores, no markets and no factories to provide wage employment. The only money they had, most likely, was the coin they had brought with them.
I then thought of Adam Smith and his 1776 description of early capitalism in Wealth of Nations. The Pilgrim lifestyle and its rigors were far inferior in quality of life than the realities he was describing.
That first winter perhaps half the new arrivals died. Of course, their settlement had no doctors, no infirmaries, no antibiotics, no tubs for soaking baths, no showers, no flush toilets, maybe not much soap for washing.
I decided that I would not want to live that life. If I were to choose between pre-capitalism and capitalism, I would take the latter in a heartbeat.
Adam Smith was wise: specialization of function, division of labor, the factory system, application of science in the invention of machinery, the manufacture of products, commodities, inventing property rights, holding markets, the creation of wealth, all made for improvements in the human condition.
Here is a chart that summarizes, in graphic form, the human good of capitalism:
Why are we today so concerned about social justice and economic inequality? Is it not because those who live in poverty today still have lives more likely to be “solitary, poor, nasty, brutish, and short?” Is not the quality of life a moral good to be sought and appreciated? And therefore, from an equity perspective, we show concern for the quality of every life.
This appreciation of living with plenty, with opportunities to earn and to learn, with good health, with the manifold advantages of modernity, was especially voiced by Presidents Washinton and Lincoln in their proclamations asking Americans to set aside a day in the month of November to give thanks and not take their lives for granted or as an indulgence in undeserved privilege.
Washington wrote:
“Now therefore I do recommend and assign Thursday the 26th day of November next to be devoted by the People of these States to the service of that great and glorious Being, who is the beneficent Author of all the good that was, that is, or that will be – That we may then all unite in rendering unto him our sincere and humble thanks – for his kind care and protection of the People of this Country previous to their becoming a Nation – for the signal and manifold mercies and the favorable interpositions of his Providence which we experienced in the course and conclusion of the late war – for the great degree of tranquility, union and plenty, which we have since enjoyed – for the peaceable and rational manner, in which we have been enabled to establish constitutions of government for our safety and happiness and particularly the national One now lately instituted – for the civil and religious liberty with which we are blessed; and the means we have of acquiring and diffusing useful knowledge; and in general for all the great and various favors which he hath been pleased to confer upon us.”
Abraham Lincoln wrote:
“The year that is drawing toward its close has been filled with the blessings of fruitful fields and healthful skies. To these bounties, which are so constantly enjoyed that we are prone to forget the source from which they come, others have been added, which are of so extraordinary a nature that they cannot fail to penetrate and even soften the heart which is habitually insensible to the ever-watchful providence of Almighty God…”
“Needful diversions of wealth and of strength from the fields of peaceful industry to the national defense have not arrested the plow, the shuttle, or the ship; the ax has enlarged the borders of our settlements and the mines, as well of iron and coal as of the precious metals, have yielded even more abundantly than heretofore. Population has steadily increased, notwithstanding the waste that has been made in the camp, the siege and the battlefield and the country, rejoicing in the consciousness of augmented strength and vigor, is permitted to expect continuance of years with large increase of freedom. No human counsel hath devised, nor hath any mortal hand worked out these great things. They are the gracious gifts of the Most High God, who while dealing with us in anger for our sins, hath nevertheless remembered mercy. It has seemed to me fit and proper that they should be solemnly, reverently and gratefully acknowledged as with one heart and one voice by the whole American people.”