Socialism

I received this from my mom in an email and thought it was pretty good.

Socialism

An economics professor at Texas Tech University said he had never failed a single student before, but once had failed an entire class.

Students in this class had insisted that socialism worked and that no one would be poor and no one would be rich. They claimed socialism would be “a great equalizer”. They argued the point incessantly.

The professor said, “Ok, we’ll have an experiment in this class on socialism”.

His ground rule: All test grades would be averaged and everyone would receive the same grade…no one should fail and no one would receive an A.

After the first test of the semester the grades were averaged and everyone got a B. The students who studied hard were somewhat upset and the students who studied very little were quite happy.

But, as the second test rolled around, the students who studied little had studied even less and the ones who studied hardest decided they wanted a free ride too; so they studied very little. The second test average was a D! No one was happy.

When the 3rd test of the semester rolled around the average grade was an F.

The test scores never got better as bickering, blame and name-calling filled the classroom. All of which resulted in hard feelings and no one would study or try to help 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, therefore none will succeed.