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The joys of socialism

March 24, 2009

Don’t know if the story is true, but it’s a powerful anecdote nonetheless:

An economics professor at Texas Tech said he had never failed a single
student before but had, once, failed an entire class. The 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. 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 anyone else. All failed to their great surprise and the professor told them that socialism would ultimately fail because the harder to succeed the greater
the reward but when a government takes all the reward away; no one will try so
no one will succeed.

~T the D

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One Comment leave one →
  1. The Ripley Porch permalink
    March 27, 2009 4:18 pm

    If socialism did mean free beer and pizza…we might be more willing to accept it. But rarely do they entice you with some things.

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