My interpretation of that bullshit post about “Obama’s Socialism”
“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 Ron Paul’s libertarianism worked and that the free market would create prosperity
The professor then said, ‘OK, we will have an experiment in this class on Ron Paul’s plan.’ The professor then picked the richest white kid, named Rand, in the class and told him “You don’t have to do any work”. He then said, all of the rest of you must do 8 hours of homework per night. I will be given each of you 70% of the grade you earn on your work, the remaining 30% will be given to Rand(substituting grades for dollars - something closer to home and more readily understood by all).
After the first test, all the students worked hard and got 60-70. Rand got over 9000. The students had to keep working their butts off constantly, or they would fail. So they kept working. One day, Rand felt sick, so he asked the professor what to do? The professor then gave him some extra points, and the professor took these points away from the rest of the class.
So the students got pissed off. All of them failed except for Rand. The professor told them that libertarianism would also ultimately fail because laborers are the foundation of society and they should own the fruits of their own labor. Owning property does not give you the right to own other people’s labor. It could not be any simpler than that.
What one person receives without working for, another person must work for without receiving.
The capitalists cannot produce a product for anyone else without taking labor from someone else.
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.
