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Socialism Versus the Economy of the Bible (Part 2). Topic: Socialism failed in America after the Pilgrims arrived in 1620. After their first winter killed a large percentage of the Pilgrims, their leader Bradford abolished shared community and collectivism and set up a free market system based on individualism. Brannon explains why capitalism is the best system that does the most good whereas socialism does the most harm. Brannon explains how the free market system actually encourages even non-christians to practice Christian virtues. Topic: The connection between free market capitalism, political freedom, and religious liberty. Topic: We take your calls.