Hi All,
An economics professor at a local college made a
statement that he had never failed a single student before, but had recently
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 this 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...."(substituting grades for dollars - something closer to home and more
readily understood by all).
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 all 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 communism would also ultimately failbecause 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.
These are possibly the 5 best sentences you'll ever read
and all applicable to this experiment:
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 of 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.
1 comment:
Awesome! That story made it easy for me understand the gist ! Thanks!
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