A lesson in socialism Mr Obama (and more importantly for the SAn public)!

I was sent this by a South African friend living gin Sao Paulo of all places. The point Is not to comment or disagree with Barack “I still think he is the world’s savior’ Obama but rather to understand the impact of a decision like this in our own context.

What’s important is to read the experiment and then to read the questions for South Africa at the bottom!

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 Obama’s 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 Obama’s 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 dollars – 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.

 

Dear ANC and PUBLIC OF SOUTH AFRICA,

Remember, there IS a test coming up. The 2012 elections in South Africa.  These are possibly the 5 best sentences you’ll ever read and all applicable to this experiment:

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.

2 thoughts on “A lesson in socialism Mr Obama (and more importantly for the SAn public)!”

  1. The major flaw with saying its “taking hard earned money and giving it to underachievers” is that society works in such a way that whatever class you are born into you pretty much stay there for life. Read any basic sociology text book. That aside, I don’t know enough to agree or disagree with Obama’s plan. But I resent calling lower class, working class, and welfare-dependent individuals as “underachievers”

  2. I agree that this takes a very generalized view of the plan overall however i think i was trying to relate it more to a South African environment where a number of powerful people believe that if we take a large amount away from the wealthy and merely give it to the poor the average per person will be fixed and therefor problem solved – the socialism experiment merely proved that’s its not that black and white!

    The truth is that people need to be rewarded for diligence and hard work and those who don’t achieve should not. For me it has nothing to do with class or wealth it has more to do with human drive and potential which i believe Socialism tends to mess with!

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