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A large part of the international division of labor was abolished during the twentieth century by war, socialism, and the Cold War. Nothing destroys the benefits of the division of labor more than war. Americans are always isolated from those whom they are waging war with, giving the lie to the standard neocon line that the advocates of peace are “isolationists.” Nothing—nothing—isolates us from other parts of the world than war.

https://mises.org/wire/property-rights-civilization-and-their-enemies

Thomas J. DiLorenzo

[This article is adapted from a lecture delivered at the Reno Mises Circle in Reno, Nevada. on May 20, 2023.]

It is not an exaggeration to say that property rights are a prerequisite for civilization. As Ludwig von Mises wrote in The Free and Prosperous Commonwealth:

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in opposition to political power. It thus becomes the basis of all those activities that are free from violent interference on the part of the state. It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress is rooted (emphasis added).

The story of the Pilgrims shows that America was literally created because of the recognition of this truth. In 1607 all but 38 of the original Jamestown, Virginia settlers were dead from famine. An additional 500 came and 440 died. This was known as the “starving time.” Sir Thomas Dale, the high marshal of the Virginia colony, recognize the problem to be what we would today call agricultural socialism. The residents of the colony worked the fields and shops and everything was put into a common store. Each family was given an equal allotment. Thus, the man who worked diligently fourteen hours a day was paid the same as the man who decided to work not at all. 

Sir Thomas Dale gave each man three acres of private land to homestead, which was soon expanded to 50 acres. It made all the difference, as people realized that the harder, smarter, and longer they worked, they more they and their families would prosper. 

The exact same scenario played out years later in Plymouth, Massachusetts where half of the original pilgrims died. The wife of William Bradford, the leader of the Mayflower expedition, committed suicide by jumping off the Mayflower because of all the death surrounding her. Her husband, like Sir Thomas Dale, finally figured out the problem—the absence of private property and secure property rights. Homesteading of private property was established, and the American colonists began to thrive.

Homesteading combined with secure property rights and almost no government intervention resulted in each region of the colonies excelling by relying on their comparative advantages. New England excelled in shipping, fishing, and primitive manufacturing, while the Southern colonies became agricultural powerhouses. The American economy in 1775 was 100 times larger than it was in the 1630s and the American colonists had one of the highest per capita incomes in the world.

The American Revolution was a war of secession from the corrupt mercantilism of the British empire characterized by cronyism, protectionism, military imperialism, and central banking in the form of the Bank of England. Citizens of empires are viewed by their rulers as mere tax slaves and cannon fodder at the disposal of the state, and the American colonists had had enough of it. 

The Road to Legal Plunder

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