(This post is my answer to a certain example that undermines socialism)
Example
An economics professor at a local college made a statement that he had never failed a single student before, but had once 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 would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.
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.
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.
All failed, to their great surprise, 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.
My Answer
What the professor has tried is very superficial...
Its a clever attempt by the professor to blind the students' wisdom....
He has cleverly manipulated by knowingly allowing loopholes in his experiment and letting it badly affect the consequences ...
Key to socialism is regulation...and the professor has not regulated any thing (a true capitalist indeed)..
I think that was capitalism wearing the mask of socialism.
Socialism is about sharing wealth equally (I would say not to take the literal meaning of it, rather take it as sharing wealth proportionate to the effort one puts in).
In that case, there is no question of free ride....
Socialism is about giving opportunities to people who would be otherwise ignored in a capitalist society.
Capitalism is the place were people gloriously take free rides and those are the people who possessively and furiously try to defend capitalism and guard their earnings through capitalism and the professor is an aide to such people...
These aides, for their masters, try to defeat and crush the very idea of socialism in every possible way...these aides are touted as the opinion leaders by many people...who are in turn at the mercy of these capitalists.
Most of the time we get to see and hear only these people, and their false propaganda that socialism is not good and over the time, we start believing them, rather than introspecting it ourselves....
We make decisions based on the assembled evidences, when most of all such evidences available are biased, we have no choice but to be biased (we wouldn't even realise it)
Thanks to some of the well wishers of the Human race that we don't have the capitalism in its purest form (Completely unregulated markets)....
Moreover, Capitalism or Socialism at the end of the day, its all experiments done on economy by the people at power, by the people who were heard...There are many other unheard people who r currently not popular and are awaiting their turn to be heard and their ideas to be tested....
Of all the tested forms only those anything to do with socialism seems to have the highest potential to lead us to a paradise...
The above was a spontaneous response. I would like to have my readers' thought through thought provoking responses.