This may be just a parable, but it’s worth reading. A college
economics professor illustrated the concept of socialism for his class by
substituting grades for dollars. He averaged the results of their first test and
everyone got a B. The A students were upset and the C students were happy. As
the second test rolled around, the C students studied even less. The A students
decided they wanted a free ride too so they studied little. The second test
average was a D! No one was happy. The third test average was an F. The class dissolved into bickering and finger-pointing.
No one worked for the benefit of anyone else; everyone failed. Where there is
a great promise of reward, the effort to succeed is great. Take away the reward and the
effort disappears.
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