6/24/2009

Socialism 101 for college students

Author Unknown

An economics professor at a local college made a statement that he had never failed a single student before but had once failed an entire class.

That class had insisted that socialism worked and that 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 would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.

After the first test, the grades were averaged and everyone got a B.

The students who studied hard were upset and the students who studied little were happy.

As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

The scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of 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, but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that.
Posted by Benjamin at 11:24 AM

2 comments:

Citizen S said...

Couldn't be wronger than that. Not everyone does what they do for money.

Some people have sex for nothing, for example. Republicans need to get paid every time.

When people write about socialism, for example, it helps to know what it is, and what form of government the U.S. already has. We are already partially socialist. Would you take away the Veterans Admin?
Would you take away Medicare?
Would you take away Social Security?

First time homebuyers in the U.S. get a nice $ incentive from the government. I suppose you think that's socialism too.

8/9/09, 11:03 PM
Benjamin said...

Not everybody does what they do for money, but for the most part everybody does do what is in their own best interest, and no form of government can change that.

The VA, Medicare, SS are good ideas, but if you investigate them, you will find they are rife with problems, bankrupt, and in bad shape (I was on Medicaid for many years, I speak from experience). While government social programs are a nice idea, private charities do a far better job. If gov. wants to be involved, perhaps it should invest in private charities to help those in need, instead of trying to do it itself.

It's nice that gov. is giving $ to first time home buyers. But at what cost? And where does it stop? When we've completely robbed the rich in this country (or chased them out), who will be left to pay for all of the social programs?

8/10/09, 10:12 AM

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