An economics professor at Texas Tech said he had never failed a single student, but had once failed an entire class.
The class (students) insisted that socialism worked since no one would be poor and no one would be rich, a great equalizer. The professor then said, "OK, we will have an experiment in this class on socialism."
"All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A."
After the first test the grades were averaged and everyone got a B. The students who had studied hard were upset while the students who had studied very little were happy.
But, as the second test rolled around, the students who had studied little studied even less and the ones who had studied hard decided that since they couldn't make an A, they also studied less. The second test average was a D.
No one was happy. When the 3rd test rolled around the average grade was an F.
The scores never increased as bickering, blame, name calling, all resulted in hard feelings and no one would study for anyone else.
To their great surprise all failed. The professor told them that socialism would ultimately fail because the harder people try to succeed the greater their reward (capitalism) but when a government takes all the reward away (socialism) no one will try or succeed.
2 comments:
*sigh* If only people would realize that working for the good of the whole is a reward in itself....
Socialism/communism sounds all good and noble - but only on paper. The same goes for pure capitalism.
The bottomline is, one's gotta eat. How would you feed yourself and your family if everybody demanded free goods and services from you? :-)
As you may have implied in your comment, nobody is going to "work for the good of the whole as a reward in itself". Believe me, it's human nature.
"The problem with socialism is that you eventually run out of other people's money." -- Margaret Thatcher
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