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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. Could not be any simpler than that. (Please pass this on) 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.

 


Dr. Hannes Dreyer
Dr. Hannes Dreyer

Hannes is one of the world’s leading authorities in Wealth Creation. As a speaker and author on the subject he is at the forefront of this personal development industry. He is the founder of the Wealth Creators University and the Wealth Creators Method. The University is a private education organisation based on the culmination of 30 years of experience, research and study into finances, economics, psychology and philosophy.

    3 replies to "Socialism: A Great Equalizer"

    • Avatar G

      Hannes, I know the writings of Og Mandino has served you well in your life. I owe a similar debt to Ayn Rand for opening my eyes to the immorality and self destructive socialist system.

      Have you read Atlas Shrugged?

      It highlights where the guilt about making money and the scarcity mindset originates. It’s a fascinating novel with a must read story for all wealth creators.

      Check Youtube for: Yaron Brook, Ayn Rand Foundation as well as Milton Freedman- If you value the opportunity to make money and if you don’t want to be legislated out of straining your potential my friends.

      We don’t need legislative handouts in a abundant universe- we need to create value! Wealth creators are those who take responsibility, right?

    • Avatar Arnold

      The blog post above reminds me of a quote I read recently:

      “When you see that trading is done, not by consent, but by compulsion — when you see that in order to produce, you need to obtain permission from men who produce nothing — when you see money flowing to those who deal, not in goods, but in favors — when you see that men get richer by graft and pull than by work, and your laws don’t protect you against them, but protect them against you — when you see corruption being rewarded and honesty becoming a self-sacrifice — you may know that your society is doomed.” Ayn Rand

    • Avatar national removals

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      You’ve ended my 4 day lengthy hunt! God Bless you man. Have a great day.

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