Phony e-mail going around about "socialism"

[Cant trust em]

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.

http://www.snopes.com/college/exam/socialism.asp
Fun stuff.

[blueclown]

1. Do these idiots even know what socialism is?

[readmoreoften]

3. No. They have no clue. /nt

[rucky]

2. They ended the test too quickly.

They all know what they'd have to do to get A's.

[Turbineguy]

4. This sounds like

it's out of Atlas Shrugged, the part where Dagny Taggart and Hank Reardon visit the shut-down factory and find the machine designed by John Galt.

[Drunken Irishman]

5. Hm, that doesn't sound like socialism.

[stopbush]

6. The only thing proved was that their professor was an idiot.

[Puregonzo1188]

What does the experiment have to do with Socialism?

From the Apple Dictionary:

"a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."

That is no way at all what the experiment describes.

[Puregonzo1188]

7. What does the experiment have to do with Socialism?

From the Apple Dictionary:

"a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."

That is no way at all what the experiment describes.

[depakid]

8. Someone had printed that out and was handing copies out among the Portland teabaggers

Some of had a fine laugh about it- didn't realize that snopes had gotten round to covering it.