The Real Thanksgiving Story

The first Thanksgiving is not a story of dumb whites who came to the New World to conquer and spread disease amongst the idyllic, nature-loving natives.

It is, instead, a story of the triumph of Capitalism over Socialism.

There have been several retellings of the first Thanksgiving, I have linked to Richard Ebeling's recounting last year.  Thomas DiLorenzo writes an excellent account in the third chapter of his book, How Capitalism Saved America.

This year I found a nice YouTube version that does a good job.  It explains why private property rights saved the pilgrims and triumphed over the collectivist ideal.

I find Thanksgiving to be one of the best holidays for exactly that reason.




Since the posting of this video, I have found Reason.TV's version.  Very funny.

The True Meaning of Thanksgiving

This month I was going to write about why Thanksgiving is one of my favorite holidays. Why? It's simple. It is because Thanksgiving represents the triumph of Capitalism over Socialism.

Beating me to the punch this year, is my former Hillsdale College economics professor, Richard Ebeling. He now teaches at Northwood University in Michigan and here is his post.

Enjoy!