Why Socialism Doesn't Work
Socialism Made Simple
An economics professor at Texas Tech said 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 okay, 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.
But, 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, 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.