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Why Socialism Does Not Work

I recently received the following chain-email and found it to be an excellent example of why socialism just plain does not work.  I hate forwarding chain-emails so I thought this to be the next best method of delivery–I’m not clogging your inbox and you still get to read a great story.

Some disclosures first… Although this particular email references Obama, the same concept applies to any socialist leadership whether it be in government, a local business, or anything in between.  Second, I checked the following story out on Snopes and it cannot be verified as a true story.  That being said, it is still an excellent example of how socialism does not work whether it actually happened or not.

An economics professor at a local college made a statement that he had never failed a single student before, but had once failed an entire class.  That class had insisted that Obama’s 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 Obama’s plan.”  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.

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 and 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.

Again, yes, this story may not have actually taken place but you simply cannot deny the lesson it teaches; socialism does not work.  Just as stated above, “…when the reward is great, the effort to succeed is great…”

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4 Responses to “Why Socialism Does Not Work”

  1. April 6th, 2010 at 8:53 pm

    Nick Bujouves says:

    When I saw this, I was going to mention a story I heard about socialism….turns out…it’s the exact same one!

  2. April 6th, 2010 at 9:13 pm

    Brandon Beaudoin says:

    i like the title but thats as far as i got…not gonna lie…its a failed system…there i am off my soap box

  3. April 6th, 2010 at 9:13 pm

    Justin Voelker says:

    @Nick – I tried to see if I could find an even better example but I couldn’t–It’ just too perfect!
    @Brandon – As long as you are calling Socialism a failed system we are all good. Otherwise, we might be do for a good ole fashion beat down.

  4. April 6th, 2010 at 9:20 pm

    Justin Voelker says:

    and of course when i said “might be do” i meant “might be due”

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