Thursday, April 09, 2009

Socialism 101

This following story is making the rounds on the Internet and the e-mail circuit. Whether an actual event or not, it pretty much describes socialism!

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.

All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great as is the case with capitalism; but when government takes all the reward away; no one will try or want to succeed as is the case with socialism.

Could not be any simpler than that...


Even a "smart" college kid should be able to understand this!

AAR

3 comments:

  1. The clincher is that, even though you hear numerous variations of this story, you never hear it told the other way around. And yet a new Rasmussen poll yesterday found that only 53% of American adults believe capitalism is better than socialism. Obviously not ALL teachers and professors have tried the above experiment.

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  2. RS,
    You're a half-empty kind of guy. We're not so much enamored with socialism as we are ignorant.

    53% said Capitalism is better; 20% said Socialism is better and 27% don’t know the difference. A percentage will always believe in Socialism is a warm fuzzy John Lennon Imagine kind of existence. Take these impractical romanticists out of the equation (they don’t vote anyway) and we’re not as bad off as the headline made us believe.

    Count Taly d’Haricots

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  3. You're a half-empty kind of guy

    Actually, Count, I really am a half-full kind of guy. What the poll indicates is that we're a "half-empty" kind of society. Forty-Seven percent either believes socialism is better or hasn't got a @#%$&^! clue. I'm every bit as worried about the 27% who don't have a clue, and it scares me that ANY of them DO vote.

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