‘Marks-ism’ leads to classroom warfare

An economics class insisted to their professor that Obama’s socialism worked.

Why?

“Because there’ll be no poor people and no rich bastards. At last we’ll all be equal,” chorused the students.

So the professor said:

“OK, we’ll run an experiment on Obama’s plan. I’ll average all your grades.

“You’ll all get the same grade. None of you will fail, and none of you will get an A.”

After the first test, the grades were averaged. The whole class got a B.

The students who’d studied hard were upset. But the students who’d mucked around were over the moon.

The second test rolled around. The students who hadn’t done much work the first time did even less this time.

And those who’d studied hard for the first test now decided they wanted a free ride too. They put down their books and went partying.

The second test average was a D!

No one was happy.

In the 3rd test, the average grade was an F.

The tests went on, but the scores never did improve.

The classroom had become a snakepit of bickering, blaming and name-calling. No one would study for the benefit of anyone else.

To their great surprise, at the end of the term the professor failed the whole class. (He’d never before failed a single student.)

The professor told the class:

“Socialism is also bound to fail. Because when the reward is great, the effort to succeed is great. But when government takes all the reward away, no one will see any point in working.”

It couldn’t be any simpler than that.

Remember, there is a test coming up: next Saturday’s election.

Now here are five of the best sentences you’ll ever read. They all apply to the above experiment:

  1. You can’t legislate the poor into prosperity by legislating the wealthy out of prosperity.
  2. What one person gets without working for, another person must work for without getting.
  3. The government can’t give anyone anything that it doesn’t first take from someone else.
  4. You can’t multiply wealth by dividing it!
  5. When half the people figure out they don’t have to work because the other half will take care of them, and when the other half figure out they’d be mad to work because their pay will be given to someone else, that’s the beginning of the end of any nation.

Thanks to the excellent Foundation for Economic Growth for sending me the original (which I tinkered with for effect).

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Published in: on November 19, 2011 at 12:33 pm  Comments (12)  

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12 CommentsLeave a comment

  1. Words of wisdom. Reminds me of the story of the little red hen.

  2. Judge Holden: Your comment was deleted, as promised. Any future posts from you will be tagged Spam.

  3. Brilliant example John!

    Neither National or Labour are offering any practical solution to the economic crises. I am against asset sales and capital gains tax.

    The only party who are ticking off the boxes for me are the NZ First Party.

    At the end of the day, what does it matter. Once parties are in power New Zealanders are tossed aside and never listened to again.

  4. . . . until the next election charade of promissory pronouncements.

  5. Oh so true Simple Simon

  6. Trina…why are you against ridding yourself and every other struggling taxpayer of the state liabilities that don’t return you a net profit for your investment of time and taxed money?

  7. Hi there James. Your question was placed really well. It certainly sat me back and gave me food for thought, though it depends what ‘state liabilites’ you are referring to James. Have National listed what they are going to sell? I have heard about the Power companies. What do you know? Could you elaborate further please.

  8. I have only heard of the power companies at this time…but as a Libertarian and a market liberal I want the state out of ALL business and services save its legitimate roles of running policing,defence and law.

    Regarding state assets, I think the point most people miss is that they ARE assets …just assets to the state,or more accurately… those who are the state at the time…the politicians. They give them a reason for being,busy work like you give kids to keep them occupied. On close examination they tend NOT to be assets to we taxpayers who are robbed to fund them and therefore made poorer and denied our right to chose how we spend OUR money.

    In economics this is known as “that which is seen…and not seen.” When the state taxes you and builds say a bridge,or a hospital etc people see that and say…’Oh look…we got something for our money,we have gained an asset”. But what they miss is what they in fact have LOST…because it never came into being. …things like new products, services jobs etc in the private (productive) sector from where the tax was extracted.

    Look up Henry Hazlitt’s “Economics in one Lesson”… available on-line. Also look up “The broken Window fallacy”….understand this fallacy and you will be smarter than most people…and indeed most economists.

  9. Very True. I post this to my coworkers and it got a great response!

  10. Until we as a country stop expecting the government to solve our problems,we will continue to follow the same path. People have to understand the if you get more money back than you paid into the tax system you are part of the problem. Yes there are groups who need help but the system has be taken advantage of for too many years and is falling apart.

  11. That’s right, Jeremy. And the ‘takers’ are not shy about proclaiming their ‘rights’.

    Gratitude, I’m told, is the least-felt human emotion.

  12. You know what Jeremy more and more people are saying the exact same thing so take heart. A subtle movement is under way in our little country.

    There are too many limp wristed pansies flopping the backs of their hands across their foreheads in despair and lobbying for legislation that is tieing our country down. The Government take’s delight in being the knights in shining armour, riding in on their white horses with legislations and regulations that create more cost and liability for the doers and all round good people and use a handful of idiots to justify the increasing revenue gathering.
    It is getting harder and harder to be a law abiding citizen in this country with some things.
    Has any one noticed the leap in the ACC Levie on car registrations? What about road user charges? How are you getting on affording the registration for your working and pet dogs?


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