The theory, of course, was that the welfare of the colony should be more important than individual welfare. This grand experiment backfired. The socialistic order did not take in to account human feelings and the unquenchable desire for self-improvement.
Let's take a look at how and why Jamestown failed. The leaders divided the men into three groups: a third to start the farm, a third to build a fot, and a third to go off into the woods and find gold. Can you guess what happened?
Everyone wanted to slip off into the woods and hunt for gold, thus neglecting the farm and the fort, the very things that were to feed and house the people.
Not until 1614 did the colony leadership get a clue and realize that it wasn't a lack of food that kept kiling the colonists. It was a lack of knowledge of human nature and correct principles.