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Political News and Commentary from the Right

Why Socialism Won’t Work…

#tcot

I received an email from a colleague with the following story today. No source is cited, but it’s worth as much if it’s a parable as it would be if it’s factual.

Only the totally naive will fail to see this tale illuminates the inherent weakness of a Socialist economic system–lack of incentive creates a subsequent lack of productivity on the part of the populace.

Excellent Lesson In Economics

An economics professor at Texas Tech said 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. 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 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.

Source unknown

Ronald Reagan once said “It’s not that my liberal friends are ignorant, it’s just that they know so much that isn’t true.”

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April 17, 2009 - Posted by | Socialism | , , , , ,

12 Comments »

  1. Thank you! I would now go on this blog every day!

    Comment by Eremeeff | April 18, 2009 | Reply

  2. Nice point. The reasons Socialism will never work are so simple, yet so many people miss the point. It astounds me. Thank you for sharing it in really simple terms.

    Comment by havenyates | November 23, 2009 | Reply

  3. True in fact.
    Yet the idea of complete socialism maybe only ideal and impossible to balance with motivation, but have many socialist factors in our society is a great plan. There is no problem with having socialistic health care, dental care, unions, ect ect…

    Comment by CarsonSkjerdal | November 26, 2009 | Reply

  4. Not exactly like that.
    Socialism will of course work better than capitalism.
    See China? A Socialist Country developing at a much faster rate than the world’s average.
    The shortcoming of capitalism is that self-ownership can’t meet the needs of production of the society.That is also the cause of regular economic crisis.
    But China is never affected by the world economic crisis, if any, little. So why is that?
    Because the common sources are not controlled by individuals, however, by the represents of majority of people. They together decide how to deal with the common properties. They do not stand for each of them alone. They stand for the society. That’s what socialism stands for.

    Comment by Nick | January 2, 2010 | Reply

    • I would have to disagree. Until China began to transition part of its economy toward a more capitalistic system, the country was unable to keep pace with the economic growth of the capitalist West. Capitalism offers opportunity, and that unlocks the initiative it takes to make a productive society.

      Comment by John Allison, III | January 2, 2010 | Reply

      • very good point. Also if you think that the Chinese government stands for “society” and represents the majority of people you are sadly mistaken. They are out for themselves it is a corrupt bureaucracy that does not take care of its people and only stays ahead of us economically because we fuel their economy and they exploit their population and their currency is not floating.

        Comment by Ryan C | October 28, 2011 | Reply

  5. Sorry, but this “story” is exactly that–a story made up by a college professor to advance his own beliefs. Go ahead–try and verify it. Try again.

    Comment by Leo9lady | October 17, 2011 | Reply

    • The story is an example of a linguistic technique called sarcasm, sometimes used to emphasize a point. Sorry it went over your head. The premise is a valid one.

      Comment by John Allison, III | October 17, 2011 | Reply

  6. Thankyou for this post. Socialism has been in place for a long time now and for someone who has been through the system since childhood it is miserable. Prohibition is a good example of socialims. The amount of people in social service programs for everything from smoking weed to anger issues is amazing. The only government programs we dont see are for the advancement of normal children in traditional families with a belief system that encourages free will and accountability to every individual. I can be the worst me or i can be the best me but I am the only me.

    Comment by katheen mary f. | December 5, 2011 | Reply

  7. Socialim is not fair to inventors and free minded writers and thinkers. All the people who made america great. Why wasnt my last comment posted?

    Comment by katheen mary f. | December 5, 2011 | Reply

    • Sorry Kathleen. I don’t monitor this site often any more. I’ve had a change of direction. It’s only once in a great while that I come back to visit and see what’s happening. Still agree with you 100%, just on a different kind of mission these days. God bless.

      Comment by John Allison, III | December 5, 2011 | Reply

  8. The only thing left out of the story of the teacher and class, was the ruling one, the teacher was receiving about $100,000 a year, no one else was, just like people in the governments everywhere. And he had the power to ruin grade averages or lives, in his power hungry hands, just like other socialist leaders..

    Comment by steven G. | March 29, 2012 | Reply


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