An economics professor at a local University 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 the socialism principles".. 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 Ranks - 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 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.
