Why Socialism does not work in practice. A cautionary tale

Professor of Economics at Texas Tech University, told how once flunked the whole group. The group insisted that socialism "works" and that no one in this case will not be poor and no one - not the rich. Greater alignment! The professor said that well, deliver an experiment in this class for socialism. All grades will be averaged and everyone will receive the same evaluation, so no one will fail and no one will receive "excellent».



After the first test scores were averaged and everyone got a "good." The students who studied hard were upset and the students who studied little - happy. But by the time the second control the students who studied little, doing even less, and those who studied hard decided that, too, want a freebie, so it takes a bit ... The second inspection on average gave "satisfactory". No one was happy.
When passed a third control, the average published "unsatisfactory».

The result has not improved, because quarrels, accusations, abuse led to hostile relations and no one was going to study for others.