Socialist Economics Question

Apprentice Scholar Challenge

Why did our founding Fathers create the type of government in which free enterprise and personal accomplishment are above socialist policy?  Could it be that their knowledge of history proved socialism doesn't work?  

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  socialism works.  If we all share wealth, 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 this 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.

1. Government 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 which the government does not first take from somebody else.
4. Government cannot multiply wealth by dividing it.
5. When half of the people do not work and the other half takes care of them, then the other half decide that it does no good to work.

Our founding fathers knew that this flawed philosophy would be the end of nations.