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05-14-2009, 01:38 PM
A SIMPLE ANALOGY from a Texas Tech University professor:
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.
It could NOT be any simpler than that.
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.
It could NOT be any simpler than that.
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05-14-2009, 03:01 PM
Well done stardust!
05-18-2009, 12:40 PM
great find there Stardust, you find some of the best reads
05-25-2009, 01:31 PM
Socialism doesn't work. But Capitalism isn't looking too hot either.
05-27-2009, 02:42 AM
sherman14 Wrote:Thats your opinion. But tell me another form of government that works better.
What i'm saying is we have to regulate the economy some what because if we don't we'll be in a deeper hole than we are now. China probaly regulates their economy some maybe that's why their one of the few economys that will grow this year instead of shrinking. i'm not calling for Communism or Socialism but their is going to have to be some regulation.
05-27-2009, 09:55 AM
Kentucky_Liberal Wrote:What i'm saying is we have to regulate the economy some what because if we don't we'll be in a deeper hole than we are now. China probaly regulates their economy some maybe that's why their one of the few economys that will grow this year instead of shrinking. i'm not calling for Communism or Socialism but their is going to have to be some regulation.They thrive because the rest of the world has this think for the moment, cant see past today mentality and buys all of their slaved-labor produced goods.
Once upon a time Sam Walton promoted the "Buy American" theme to the hilt in his stores. Now, after he's gone you'll be hard pressed to find an American made product in a Wal Mart.
06-01-2009, 07:50 PM
Talk about a bunch of people having a right wing flirt party.
06-01-2009, 09:41 PM
thecavemaster Wrote:Talk about a bunch of people having a right wing flirt party.
hahaha so true so true
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