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13 Dec 19
15:59
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10 Jan 02
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 Corbyn's vision of 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 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…. (substituting grades for £ 's )something closer to home and more readily 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 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...
The professor then 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…. (substituting grades for £ 's )something closer to home and more readily 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 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...
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Replies: 112
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Excellent story. The truth hurts.
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thanks for posting. v good.
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Very interesting.
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A nice story when first told years ago and nothing to do with Corbyn e.g.
https://www.snopes.com/fact-check/social-injustice/ A poor attempt so you fail. |
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a very relevent story - resonates well with me.
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It may well resonate with you if you like false information.
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Your a right old Charlie
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There aren't five morals to the story as given in the OP (which all all wrong). There's only one: don't believe any old sh!te before checking it.
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Your a right old Charlie
He's a lot more than that - he's a proper Charlie.  |
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If one substitutes class with siblings in a family the moral is even more striking; reward laziness at your peril as the house of cards will come tumbling down eventually.
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he knows nothing about polar bears too
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I can spell to though.
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sigh ...
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Did Charlie think the OP literally believed this happened with a professor and a class talking about Corbyn
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Don't really care was merely pointing out that it wasn't Corbyn. Do you have a problem with that?
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I suppose I should add:
Torquemada • December 13, 2019 4:22 PM GMT Excellent story. The truth hurts. Who seemed to believe it was true or talks in riddles as many of you do. |
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what ever it was about, the fact is its true.
why would people be working hard to give to people who cant be fecked to? |
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the fact is its true
What fact? |
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I was referring to the principle, not the specifics. That’s why I wrote “story.” Nice digging though.
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why dont you explain whats incorrect charles?
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There are five morals to this story:
1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. Where do the poor and prosperity come into the OP story? |
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I dont think charles understands the principle being suggested here.
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I posted that too soon.
Where does the legislating the wealthy out of prosperity come into it? And who legislates the poor into wealth? If you can't see that's nonsense then I give up. Explain the principle of this then. |
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charlie is a funny chappy - at least when there's not much else to entertain one with
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At least moisok we can't accuse you of being funny.
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why is it b0ll0cks charles??
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Because the truth hurts. That’s why he doesn’t like it.
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Because it doesn't apply to socialism. If anything it applies more to capitalism and torianism where the rich sh!t on the rest and do fack all.
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so lets have an explanation as to what would happen then charles|!!!
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“Because it doesn't apply to socialism. If anything it applies more to capitalism and torianism where the rich sh!t on the rest and do fack all.”
Sum up the left perfectly. Completely wrong and delusional to boot. |
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Sums up the right perfectly. Completely wrong and delusional to boot. And refuses to answer a question.
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fair enough, time to study sat bets!!
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Don't bother you always lose.
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lol shows how little you know charlres.
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So this is Corbyn's ideology? Jeez I didn't know that. No wonder you guys are elated at the election result.
However, what the professor didn't tell the students was that if one of the students were to campaign for such a system to be permanently implemented, many students will vote for him. The ones who don't want to study, the ones who get below average grades so will look forward to getting their grades boosted, the ones who hate the top graders and would love to bring them down etc. etc. They will all vote for him for the temporary boost. That is exactly what Corbyn does. He targets a certain population to get into power. I don't think he, or any other politician, bothers about it all ending in disaster. It is politics. They won't be around when the shet hits the fan. |
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can spell and though
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