Jaren's Blog

July 26, 2010

Simple example on Socialism

Filed under: Jaren's Writings — Jaren @ 1:24 pm
Tags: ,

A friend, Wayne Kotter recently shared a story with me where a college economics professor stated, “I had never failed a single student; until recently I failed an entire class.”

This professor’s class had insisted that socialism works and that we should let our current president give it a try.  They believed that with socialism; no one would be poor and no one would be rich— it is a great equalizer.

This professor told the class they would have “an experiment on socialism.”

His plan suggested that all grades would be averaged and everyone would receive the same grade.  According to the students this would mean no one would fail, yet no one would receive an “A” either.

After the first test the grades were averaged and the entire class received a “B.”  The students who studied hard were upset and those who studied very little obviously were happy.

By the time the second test rolled around the students who had studied very little had studies even less.  The students who had studied hard had decided they too wanted a free ride so they studied less.

The second test average came in as a “D.”  Now no one was happy.  Not surprising the third test averaged 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.  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.

For me this story is very interesting and comes with arguably little long-term devastation.  A large-scale experiment with our countries future is a little harder to stomach.  Aren’t there some great examples out there for us to make an educated decision on the direction of our collective futures?

We truly do have the best system; we just need to let it operate as it would naturally!

Jaren

Advertisements

2 Comments »

  1. Hi Jaren, I’m a South African and really don’t have any business at all remarking on American politics. On the other hand, what happens in America has consequences for the rest of the world, whether we or you like that or not.

    You see, I agree with the moral of the story. I have a passionate admiration for America, as a nation. At a time when Europe was still stuck in that poisonous dichotomy of ‘good blood vs bad blood’, and when the poor and destitute people of Europe were denied any chance to improve their own lives, it was America that accepted those poor and destitute people of Europe, and welcomed them, and so-doing unlocked the tremendous potential of those immigrants. Ultimately, it was Europe’s poor who built America into the greatest nation this world has ever seen. It was those ancestors of you Americans who taught the rest of the world just how corrupt and decrepit that old dichotomy really was, and who taught us that each and every human being is valuable.

    So, yes, I completely agree with your account. But I also wish to remind you that America gave those European immigrants a chance. Your federal and state government assisted them, if only by way of token support, to get on their feet. All that poor people really want, is a chance. A chance to learn how to stand on their own feet again, without those who already own so much trying to steal the carpet from underneath them and thereby toppling them before they can stand.

    I’m afraid that, from my point of view, that is exactly the problem with many of the upperclass Americans, who preach about the virtue of hard work and how the American Dream can become a reality for anyone who puts every effort into reaching that dream, yet then turn around and make it as difficult as they can for working class Americans to do so.

    Tax breaks for the wealthy few; 4 million American children without health insurance, because their parents do not earn enough even with two or three jobs; politicians who are more interested in their own pockets than in serving the people who they are supposed to serve; foreign wars that depleted your national budget surplus and left you with well over a trillion dollars’ worth of debt; allowing your banks and investment firms to operate with very little oversight, causing their executives to walk away with tens of millions, whilst the average American lost his house and his job in the process.

    The list just goes on and on and on, ad infinitum. It is truly sad to see how American voters are willing to return to power the very same people who caused their economic woes in the first place. It’s even worse to see how those voters blame the current government for its efforts to repair the damage that the previous administration had caused, when the only workable solution to the American economy’s situation is for the government to kickstart it by way of federal spending programmes.

    Comment by Nico de Lange — November 1, 2010 @ 5:08 pm | Reply

  2. Thank you for your well thought out words. I am keeping this blog running while people find my sister blog @ http://jarenldavis.com/ please make note.

    Comment by Jaren — November 1, 2010 @ 5:15 pm | Reply


RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: