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Capialism vs socialism...... Very ineresting

Discussion in 'Habari na Hoja mchanganyiko' started by Bujibuji, May 11, 2010.

  1. Bujibuji

    Bujibuji JF-Expert Member

    May 11, 2010
    Joined: Feb 4, 2009
    Messages: 35,335
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    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 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.

    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 the reward away, no one will try or
    want to succeed.

    Could not be any simpler than that.

    What a profound short little paragraph that says it all
    "You cannot legislate the poor into freedom by legislating the
    wealthy out of freedom. What one person receives without
    working for, another person must work for without receiving.
    The government cannot give to anybody anything that the
    government does not first take from somebody else.
    When half of the people get the idea that they do not have to
    work because the other half is going to take care of them,
    and when the other half gets the idea that it does no good
    to work because somebody else is going to get what they
    work for, that my dear friend, is about the end of any nation.

    You cannot multiply wealth by dividing it."