Economics #2

The theory of Socialism: "a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole", sounds pretty good. At the core though, it's just taking the money of hard workers and giving it to under achievers. Let me tell you a story on why socialism won't work.

"One college class at TTU had insisted that socialism worked, and that no one would
be poor and no one would be rich. The professor then said, "OK, we will have an experiment in this class". 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."

Socialism won't work because no one will want to succeed cause there is no reward. Socialism won't work because of our sinful nature. We humans are sinful and are very selfish, we only will work to further ourselves not the collective good, that is why it won't work.

Economics #1

Michael Moore made some stretches in his speech about socialism. The biggest stretch was when he said that Christianity, Buddhism, Islam and Marx all support socialism. Socialism is a type of government that treats everyone as equals, which Christians should believe and abide by, but Socialism goes out on a limb to say that everyone should receive equal pay and benefits and that the Government owns everything. In the bible it says "If a man will not work, he shall not eat" (2 Thessalonians 3:10) and also "whatever one sows, that will he also reap"(Galatians 6:7). Now Christianity believes in helping people but they must earn it, in other words life isn't going to be given to someone on a silver platter like in socialism. If a man is to live in a nice house he must work to earn the house. Also in proverbs 22:7 it says "the rich rules over the poor, and the borrower is the slave of the lender". Now this verse shows us how the bible assures that there are separations in classes not just one class. Also one of the ten commandments says thou shall not steal. By saying that the bible implies that private ownership is ok and it i wrong to take what is not yours. Micheal Moores argument that Christianity is for a socialist nation and economy is not a good one. 

One thing I would like to remind us all is that the bible has said, "Let everyone be subject to the governing authorities, for there is no authority except that which God has established. The authorities that exist have been established by God (Romans 13:1)" and also that "Give to everyone what you owe them: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor"(Romans 13:7). Whatever our government that we live under is we should respect it and abide by it.