I got this in an email from a friend. I thought it was worth posting here. It doesn’t get much easier than this to understand.
Great example of socialism!
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 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 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….