An economics professor at a local college never failed a single student, but once he did fail an entire class. Here’s the story.
That class insisted socialism worked and when properly applied, socialism was the great equalizer. Of course no one would be rich in a socialist society, but no one would be poor and everyone would be better off.
The class embraced the idealistic view that socialism is a wonderful plan.
They argued that taking from those who have more than they need and redistributing it to others who have less, was a fair and reasonable way to improve society and work toward the greater good of all.
After much discussion, the professor realized personal experience is often the best teacher, so he agreed to let the class test the socialist theory and experience exactly how socialism works in the real world.
To accomplish this, the professor announced there would be an in-class experiment on socialism and everyone would live with the results.
As you know, socialism is an economic system based on the Marxist dictum; from each according to their ability, to each according to their need.
Socialism emerges as politicians try to social engineer a society through regulation and aggressive taxation to fund give-away programs that redistribute wealth to those who do not deserve it because they do nothing to earn it.
Socialists take from those who work and produce, and give to those who produce nothing or very little. It’s essentially theft, except it’s legal.
To test the validity of socialism and see how it works in the real world, the class agreed all grades would be averaged and everyone would receive the same averaged grade. No one would receive an A, but no one would fail and the greater good would be served.
After the first test the grades were averaged and everyone in the class received a B. The students who studied hard were upset, but students who studied very little were delighted and were more convinced than ever socialism was the way to go.
As the second test rolled around, happy students who barely studied at all on the first test and received a B, studied even less. And the unhappy students who deserved an A on the first test but were given a B, saw no point in studying that hard again, so they studied less too.
The averaged grade on second test was a D, which everyone received regardless of what any student actually earned because that’s socialism, take from those who work and earn, and and give it away it to those who don’t work, don’t earn and don’t deserve what they are being given at the expense of others.
In socialist theory the producers who work hard and deserve what they have because they earn it, just work harder and harder and keep producing and carrying non-producers on their back.
In reality, the more socialism is imposed on a society, the faster the society fails because no one, not even the most idealistic, self-professed socialists, will work very hard for very long if most of what you earn is taken away and given to others.
No one in the class was happy with receiving a D, but the professor stuck to his guns. If socialism is so wonderful, as the entire class argued prior to the experiment, everyone would do their part for the greater good, study hard for the next test, and while no one would make an A even if they deserved it, no one would fail and everyone would do ok.
The 3rd test finally rolled around and the averaged grade was a rock-solid F. After that the scores never increased, bickering, blame and name-calling resulted in hard feelings and every student received a failing grade for the semester.
The outcome of the experiment was crystal clear.
Theory aside, in the real world, no one is willing to work hard and receive less than they deserve so others can benefit. If the incentive of personal gain is taken away, producers eventually quit producing and that’s that.
The A students were not willing to carry the C, D and F students on their back. So instead of some students failing and some doing well, everyone failed, equality was achieved and the truth about socialism was painfully revealed.
When the opportunity for personal gain is great, there are those willing to work hard to secure that gain for themselves. But when the reward of personal gain is not present or is taken away, no one is willing to work very hard because if you don’t get to keep what you earn, there is no incentive to work hard and produce at high levels. I like my neighbor, but I am not willing to pay his mortgage.
Socialism is the great equalizer, always leading to equal misery for all.
The entire class failed. And to this day, the students who would have failed anyway blame their failure on the selfish A students not willing to do their part, work exceptionally hard and be happy with a C, so others not willing to work so hard could relax and still pass with a decent grade.
That’s socialism. It’s that simple.
Suggested Reading: Atlas Shurgged by Ayn Rand
Note: The above account came to me through email. I did not attempt to verify it’s authenticity, however with a degree of editorial liscense, I reproduced it here because it a perfect illustration of what happens when governments over regulate, penalize the successful for their success, take from producers and redistribute the wealth for any reason.
Destroy personal incentive and everyone suffers. Party affiliation aside, any politician who supports tax increases and wealth redistrubution programs is destroying personal incentive and that will eventually kill the geese that lay the golden eggs our entire economy depends on to survive. Kill enough of them and everyone starves. So who you gonna vote for?
“Socialism only works in two places: Heaven where they don’t need it and hell where they already have it.” -Ronald Reagan