Simple Economic Lesson

This was sent to me...from a dear friend in MISSOURI, Sasha Grove....a very simple object lesson on SOCIALISM.....

A short economic lesson...An economics professor at Texas Tech said he had never failed asingle student before but had, once, failed an entire class. Thatclass had insisted that socialism worked; and that no one would bepoor and no one would be rich - a great equalizer. The professor thensaid ok, we will have an experiment in this class on socialism.All grades would be averaged and everyone would receive the samegrade so no one would fail and no one would receive an A. After thefirst test the grades were averaged and everyone got a B. Thestudents who studied hard were upset and the students who studiedlittle were happy. But, as the second test rolled around, thestudents who studied little had studied even less and the ones whostudied hard decided they wanted a free ride too; so they studied little.. The second test average was a D! No one was happy. Whenthe 3rd test rolled around the average was an F.The scores never increased as bickering, blame, name calling allresulted in hard feelings and no one would study for the benefit ofanyone else. All failed, to their great surprise, and the professortold them that socialism would also ultimately fail because when thereward is great, the effort to succeed is great; but when governmenttakes all the reward away; no one will try or want to succeed.

Could it be any simpler than that...?