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.
Thursday, April 23, 2009
Lesson plan
I have to try this sometime:
Didn't happen, but feel free to try anyways - http://www.snopes.com/college/exam/socialism.asp
ReplyDeleteI am afraid there is a slight misconception between socialism and communism. The text should have been about communism since in socialism individuals are free to act on their own interest and the state makes sure that no-own suffers. Whereas in communism an individual is seen as part of the group.
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