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An Economics Lesson for us to heed, from the Pilgrims
Homeschooling Dialectic Level

An Economics Lesson for us to heed, from the Pilgrims

April 6, 2008

Daily Life in the Pilgrim Colony 1636 by Paul Erickson showcases photography from a historical site and historical paintings.

Additionally the book digs deeper into the lives of the Pilgrims than most books typically cover.

Perfect for the dialectic years, my kids used some logical skills to make connections important to their present day.

Like Jamestown before them, the Pilgrims gained financial funding as a joint-stock company.

Unfortunately the Pilgrims also made another mistake.

Establishing themselves as a socialistic society led to failure. (As did Jamestown’s.)

The remedy for both Plymouth and Jamestown…capitalism!

I led our Socratic Discussions in such a way as to help the kids make the connection that socialism doesn’t work any better in the past than it does now.

Likewise capitalism works just as well then as it does now, an important economic lesson for today.

Pot Pourri

  • John Rolfe of 1621 shares capitalism success: JamestowneJohn Rolfe of 1621 at Jamestowne
    Date
    September 19, 2011
  • Classical Education: Freedom, Virtue, Great Conversation
    Date
    July 26, 2007
  • My son reenacts first House of Burgesses 1619 JamestowneSon reenacts 1619 first house of Burgesses Jamestowne
    Date
    July 28, 2012

Tags:

  • capitalism
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  • classical dialectic level
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  • economics
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  • Socratic Discussions
  • ,
  • Thirteen Colonies

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