This article was published by The McAlvany Intelligence Advisor on Wednesday, March 20, 2019:
The common refrain that those who refuse to learn anything from history are bound to repeat its mistakes is about to apply to the Mayor of Newark, New Jersey. The lesson from history was well put by John Smith, writing to the people in his failed communist experiment in Jamestown in 1609:
Countrymen, the long experience of our late miseries I hope is sufficient to persuade everyone to a present correction of himself, and think not that either my pains nor the adventurers’ purses will ever maintain you in idleness and sloth…
…the greater part must be more industrious, or starve…
You must obey this now for a law, that he that will not work shall not eat (except by sickness he be disabled). For the labors of thirty or forty honest and industrious men shall not be consumed to maintain a hundred and fifty idle loiterers.
Smith slightly modified the exhortation from the Maker of the Universe, Who said, through His Apostle Paul: “If anyone is not willing to work, let him not eat.” (2 Thessalonians 3:10-12)
Oblivious to such history and exhortations from the Creator, Newark’s Mayor Ras Baraka announced plans during his State of the City speech last week to create a commission to study the concept of a “universal” income plan to help the more than one quarter of the city’s population living in poverty: taking money from those who earned it and giving it to those who didn’t.
Baraka touted its collectivist benefits without mentioning its individual costs: