Conclusion

Public policies must be equitable and based on simple Laws that can be appropriately interpreted by the Courts from time to time to fit the then context. They should not be asymmetric or discriminatory and should ensure harmony in both the social and work environment.

Annexure-I

– Socialism in Action: Story of the Professor who failed all in his class:

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 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 the following plan: All grades will be averaged and everyone will receive the same grade!”

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 too 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 communism would also, ultimately fail because when the reward is great, the effort to succeed is great, but when the government takes all the reward away, no one will try or want to succeed.
 
 
 
 

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