Classroom socialism

This story of socialism in the classroom is doing the email rounds:

An economics professor had never failed a single student, but recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equaliser.

The professor then said, “OK, we will have an experiment in this class on Obama’s plan. 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 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.

As the tests proceeded, the scores never increased as bickering, blame and name-calling resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED 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.

If socialism doesn’t work and isn’t fair in the classroom, why would it be any better in the economy?

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Incentives work in the classroom and the world.

If people have incentives to help themselves they’re more likely to do it.

If they have incentives to be dependent they’re less likely to help themselves.

 

11 Responses to Classroom socialism

  1. robertguyton says:

    “when government takes all the reward away, no one will try or want to succeed.”

    This is a false premise and where your anti-left post fails.

  2. Andrei says:

    Ele’s “false premise” illustrated here Robert Guyton

  3. As a former student of the late Milton Friedman, I couldn’t agree more.

  4. Gravedodger says:

    But but but wat abat ma $25 dol ar an hour pay.
    Nekminnit You will terminate me
    Te gummint can do anyfing cant they.
    Thets it I resine.

    Guna go bush agin.

  5. Sue says:

    I think all members of a peaceful society ought to live in equal environments. Those that have more talent ought to subdue their abilities to allow others to gain confidence and thrive. People with money ought to give their wealth to those who have less. Then we can live in harmony with each other. No more war, no more hate, no need for religion, just love. I think Obama is doing a wonderful job.

  6. I think Sue is smoking something!

  7. Common Sense says:

    Sounds like common sense to me. This will enrage the entitled, the socialists and the apologists. We need comprehensive government reform and it will not come from politicians. It will only come from the will of the people.

  8. Monke Shines says:

    Tell you what Sue! why don’t YOU share your money with those who have less and I’ll keep what I work for. Let’s see if your opinion changes!

  9. melissa gabriel says:

    sue is an idiot…as is anyone who agrees with her

  10. Royal PainDiez says:

    it’s a shame how uninformed you right-wingers are

  11. Bob (not my real name) says:

    the reason why socialism doesn’t work is that its based off of the premise that mankind is somehow all good at heart and that we can work out our differences and that the whole world can live in peace. Wake up to the real world humans have been fighting since the dawn of time. Why, I can only say its because we as humans have something dark and deep within us that cries out for violence just look at the movies and videogames people play today. Socialism doesn’t work because they say that they want everyone to be equal when that can’t work because if everyone is equal then who is there to enforce it. There has to be some sort of administrator or even just a police for to make sure this happens and when you get into a situation like that the likely hood is that they will seize power over those. Just look at all the nations in the world that have done this in the past russia, cambodia, north korea. The only one left now is north korea and its terrible. The people starve continually day to day while the leaders (administrators) and enforcers get to drink high priced wine and live in pretty much mansions. That’s why china is smart they have the economic system of the U.S. but still have the political organization of Russia. Humans are driven to compete just look at all the sports and shows and everything on TV. Even fictional stories are about how the protagonist is competing against a antagonist. This is why free market capitalism works as long as its restrained to a certain degree because it gives people incentives to work and that they do have a chance to succeed. I’ve lived overseas and I can tell you for a fact that you have a chance in the U.S. much better than most places in the world of being in the top 10 percent of the world. Just because you are american means your rich in some places overseas. So stop whining about how the 99 percent are dying when they have running water, electricity, jobs, and a fairly stable economy and political environment. Last time i checked the U.S. had a civil war about 150 years ago. We haven’t had anything like that since.

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