"In 1825, a wealthy Welsh industrialist bought an entire American town to prove that Socialism could work.He had the money, the buildings, the theory, and hundreds of disciples ready to settle in.
Two years later, it was over. ๐
Robert Owen paid about $150,000 for the town of Harmony, in Indiana.
He recovered about 8,000 hectares, more than 160 buildings, working mills, and already productive farms.He renamed it New Harmony.Nearly a thousand people arrived in the first year.
Owen was already successfully managing mills in New Lanark, Scotland.
He was famous for treating his workers well while remaining profitable.
He believed that if private property were abolished and everyone were paid equally, cooperation would naturally replace competition. ๐ค
In January 1826, William Maclure brought a barge filled with scientists, teachers, and geologists to New Harmony.
Historians call it the โBoatload of Knowledge.โ
https://x.com/dcopechatter/status/2089064060478488704It was the most educated, best-funded, and best-equipped Socialist community ever attempted on American soil. ๐If cooperation could beat the market anywhere, it was here.
She collapsed almost immediately!The highest-performing workers were feeding, housing, and clothing neighbors who did nothing, all while receiving exactly the same thing in return. ๐
So, they stopped working too. Why bother?
Production plummeted, food shortages hit. Buildings fell into disrepair because no one owned them and no one was responsible for their upkeep.
Endless meetings replaced work.
Owen drafted seven different constitutions in two years to โfixโ the system. None of them worked.
The American inventor Josiah Warren, one of the country's very first Libertarian thinkers, was there on the scene.
He lived through the failure from the inside and later explained why.
His conclusion:
๐บ Divergences of opinions, tastes, and objectives increased exactly in proportion to the demand for conformity. ๐บ
The more the community demanded unity, the more it fractured.
Warren had identified the fundamental problem nearly a century before Ludwig von Mises and Friedrich Hayek made it famous in economics.