[Crimson Dynamo]

An interesting example :

An economics professor at Texas Tech said he had never failed a single
student before but had, once, failed an entire class. The class had insisted
that socialism worked and that no one would be poor and no one would be
rich, a great equaliser. 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
anyone else. All failed to their great surprise and the professor told them that
socialism would ultimately fail because the harder to succeed the greater the
reward, but when a government takes all the reward away; no one will try or
succeed



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thoughts?