Economics Class Experiment - How Socialism Destroys Human Progress

A common-sense, real-life example of why Socialism is morally bankrupt, conceptually bankrupt and inherently flawed...

Economics Class Experiment - How Socialism Destroys Human Progress

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 equalizer.

The professor then said, "OK, we'll have an experiment in this class on socialism."

All grades would be averaged and, therefore, everyone would receive the same grade.

That way no one would FAIL, and no one would receive an A.

After the 1st 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 2nd test rolled around, the students who studied little had studied even less and the ones who studied hard decided that since they could not make an A, they studied less, too.

The second test average was a D!
No one was happy.
When the 3rd test rolled around and the average was an F.

The scores never increased. Bickering, blame, name calling all resulted in hard feelings.

No one would study solely for the sake of anyone else.

To their great surprise, everyone failed.

The professor told them that socialism would ultimately fail, too, because it's not conducive to human nature or the natural order of the human condition.

He pointed out that we're not born with equal talents, abilities or deficiencies and that socialism cannot succeed because it fails to acknowledge that human beings possess different strengths, weaknesses, talents, needs, wants, desires, etc.

People will aspire to succeed if they are rewarded for their efforts. But when government punishes achievement (and rewards lack of achievement) by confiscating from the achievers and redistributing the rewards to those who haven't earned it, no one in their right mind will make the sacrifices necessary to succeed.

That's how Socialism - which sounds so benevolent and harmless in theory - in reality discourages excellence, sabotages achievement and retards human progress.