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Curious what people here think about it...not my words.
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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.
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So, stupid, inaccurate, made up or what?
Comments
Socialism Analogy.
That's the only part that is 100% true.
This is a sequence of characters intended to produce some profound mental effect, but it has failed.
This is more like communism than socialism if you ask me. Socialism do not mean equality for everyone.
Yup very much more communism. I think the students would have liked Socialism even less then Communism. Socialist economies take notes from communist economies. They believe that Capitalism unevenly distributes wealth based on contribution. This is the ideal of a Socialist Economy. The state controls capital and distributed capital based on a persons contribution to it. This is why it is far worse then communism, because it still fails to address the underlying human nature in economics greed.
What typically happens in a socialist economy is capital isn't distributed based on contribution. Instead capital is distributed based on lobbying to politicians and brown nosing. People get ahead by kissing the feet of the people in charge of the economy rather then working hard. Also development is poorly utilized.
I think this is the reason why so many people are opposed to socialism. Its rewarding the leeches on society that steal our hard work. So far the only economic plan to ever reward hard work has been Capitalism.
Basically a false analogy, but it would prove a simple point to students.
This.
Socialism and Communism aren't the same thing.
People that matter will not stand for neither.
HENCEFORTH whenever using broad analogies like this one about "socialism", let us all only speak of the specific things going on in our country.
A vote for common sense over a vote for misinterpretation.