Entrepreneurship / Leadership / Poverty / US Government / Wealth

Challenging Capitalism at the Core

shutterstock_41252668This came across Facebook the other day, and while I love to share my views in my own words, I really can’t describe what is going on better than this. I’m not a “Tea Party Guy” and only defend the Republican ideology because of (just that…) ideology. I have friends that won’t even talk to me because they think I have become a Democrat.

It is what it is, but if you read below, this might help you get swayed back towards the center.

The experiment:

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s 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 Obama’s Plan. All grades will be averaged and everyone will receive teacher-in-front-of-students-in-lecture-hallthe same grade, so no one will fail and no one will receive an A.” He substituted U.S. dollars for grades, something closer to home for the students and understood by all.

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 studied even less and went for the free ride. The ones, who studied hard, wanted their free ride and were resentful of the ones who didn’t study hard. They also studied less.

The second test average was a D!

No one was happy. When the third test rolled around, people were in despair and the grade was an F.

As the tests proceeded, the scores never increased as bickering, blame and name calling all resulted in hard feelings and no on e would study for the benefit of anyone else.

To their great surprise, ALL FAILED 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 the government takes all the reward away (France), no one will try or want to succeed. (Couldn’t be any simpler than that.)

These are possibly the 5 best sentences you’ll ever read and is applicable to this story:

  1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
  2. What one person receives without working for, another one must work for without receiving.
  3. The government cannot give to anybody anything that the government does not take first from someone else.
  4. You cannot multiply wealth by dividing it.
  5. When half 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 is the beginning of the end for any nation.timber
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7 thoughts on “Challenging Capitalism at the Core

    • Thank you…its really just meant to be thought provoking, as nothing can be more divisive than politics and religion. I doubt in reality that there aren’t a few die hard kids that would never lay down…but its pretty sad to see what is going on. The bottom line is always that “successful people are willing to do what unsuccessful people are not”.

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  1. All this tells me is that the class was full of lazy kids. A minimum standard of living does not precipitate the collapse of a society; self-entitled cheaters within the democratic republic from all ideologies do. Whether they are milking welfare for pennies or hiding profits in the millions in off-shore accounts, satanic virtues are gutting this country not actions taken to spread the word of God.

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    • Dear Will,
      As I wrote above…I doubt the story was real as there will always be some kids that will keep studying going for the A’s ..or then sue the school! Thank you for following

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  2. Your article fails at “Obama’s socialism”, which you then compare to a totally made up (let’s not kid ourselves, this never happened in a classroom) example of full blown communism that has no relation to economics (Grades are not wealth).

    It’s not like the US started using some kind of redistribution of wealth when Obama was elected. It was there during the good times (often at a much higher level then it is right now) and the bad times.

    “when the government takes all the reward away (France)”. Really? Really?!

    Percentage-wise, yes the richer you get the less you make, but in the end you still make more money even after the governments goes into your pocket. If there’s something we can count on, it’s human greed. If there’s a buck to be made, even if it means the government will take 80% of it, someone will go for it…

    I’m not even advocating for one way or another, I’m just saying your article has no bearing on reality and can only be used by people to confirm their bias.

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  3. Dear GC…some good points…and you are right, people will hang their hat on the one thing always to support their views…especially extremists. There are extreme views in everything…athletics, politics, religion…I have seen life long friends curtail communication because the green bay packers beat the Chicago bears(another made up event. That could never happen in real life :))
    Thanks for following.

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