Read this today…..
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.â€
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.
I guess, taken on a scale of everything, nothing – leave alone socialism, would work. The catch lies in finding the balance. Basic necessities should not be part of the equation.
People should not have to compete to get food, healthcare, shelter and the likes. The big inequality of it all lies in the government going out of their way, to save corporations while individuals are being pushed into absolute poverty – on to the roads just because they had to go to the emergency room once. The healthcare plan reform is surprisingly a tougher bill to sell than an 800 Billion ‘save the financial sector’ bill or trillions of dollars worth of spending on wars.
In short, the key lies in finding a balance and assuring that certain basic human necessities aren’t left to chance just for the sake of capitalism.
Putting this in perspective of the classroom, everyone in the class has more or less equal access to text books, study material and classroom facilities. Now failing the whole class to teach them a lesson, that sounds more like bad dictatorship!!