Upon the arrival to America, the Pilgrims initially set up a "collectivist" and "utopian" type of economic system (i.e. socialism, marxism, communism) in order to survive. There was no such thing as "private property." Their means of supporting themselves failed and starvation was a big threat. Then Col. Bradford decided to allow the pilgrims to own a piece of land to grow their crops and to sell their produce. They thrived as a result and rest is history.
Here is a link for more info on this...
Obama and his ilk are doing everything in opposition to free-market capitalism and to deny any respect to those who believe in God.