How Socialism works

An economics professor made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Corbyn's vision of socialism worked and that no one would be poor and no one would be rich, a great equaliser.

The professor said:

“OK, we will have an experiment in this class on Corbyn's ideological plan. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will 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.

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.

As the tests proceeded, 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. 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 government takes all the reward away, no one will try or want to succeed.

It could not be any simpler than that.

There are five morals 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 person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it.
5. When half of 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 of any nation.

How Socialism works

PrideMonth 11 Dec 19 18:18

4. You cannot multiply wealth by dividing it.

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the hanners school of why hanners is a corbynista, you can only 'multiply wealth' by consolidating it until 1 person (so the state) has all the wealth

ffs, state of this

Yeah well all very interesting but nobody’s talking about the total abolition of capitalism and re-distributing all wealth, they are just on about putting more into public services.  Which admittedly I’m being a aunt about because I don’t want to pay for it cos I think they’ll do a shit job and I want to keep my money.