Human nature and money

A professor of economics at a local college stated that he had never failed a single student previously. He had however, failed an entire class.

That class had insisted that Socialism worked and that no one would be poor and no one would be rich.

That Socialism would be the great equalizer.

The professor then said

We shall have an experiment on Socialism, in this very class.

Following your examinations, all of your grades will be averaged.

Everyone will receive the same grade!

Clearly, this means that nobody will fail!

It also means that no-one will receive an "A" grade...


Following the first exam, the grades were averaged and everyone received a "B".

The students who had studied diligently were upset, whilst the students who were less studious were happy.

As the second exam came around, researchers found that the students who hadn't bothered to study - now studied even less.

The conscientious students who had previously worked so hard, decided that they now wanted an easier time. So they too, studied less.

The second exam average was a "D".  Nobody was happy.

When the third examination rolled around, the new 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.

When the final results were released, to their great surprise, the students all failed.

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.

Human nature will always cause socialism's style of government to fail because the world is made up of producers and non-producers (makers and takers).




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