This historical context is a good example of how people, no matter how well intentioned, cannot devise economic systems that produce a Zion society. To do that requires guidance from God and a changed heart.
The three verses below could each support an entire chapter in a book. There is a popular movement in the Church toward universalism, but these verses are difficult to reconcile with universalism.
45 Thou shalt live together in love, insomuch that thou shalt weep for the loss of them that die, and more especially for those that have not hope of a glorious resurrection.
46 And it shall come to pass that those that die in me shall not taste of death, for it shall be sweet unto them;
47 And they that die not in me, wo unto them, for their death is bitter.
(Doctrine and Covenants 42:45–47)
65 Behold, thou shalt observe all these things, and great shall be thy reward; for unto you it is given to know the mysteries of the kingdom, but unto the world it is not given to know them. (Doctrine and Covenants 42:65)
Here we see the Lord reiterating the passage in James that prompted Joseph Smith in the first place.