Socialism Vs Socialism

Economic freedom is the basic right of every human being to regulate his or her own labor and possession. It is the key to substantial opportunities and an advanced quality of life style. Socialism is an economically free system in which the process of creation, circulation and the exchange of goods and services is controlled by the entire community as a group rather than just by private owners under capitalism system. The redistribution of student grades in the name of social justice, fairness and equality by a University in support of socialism would have a negative effect on the lives of the students since this type of system will eventually lead to lack of knowledge, loss of motivation and additional procrastination from the students. Hence, it is better to persist with the capitalism system for education instead of socialism. This way, the high achievers on the Dean 's Honor Roll …show more content…
Under the socialism system, most of the students will not work hard and they will not study since they know that they are all getting the same grades at the end. If students do not put their best effort in studying, then they will not gain the necessary knowledge they need to succeed in the future. For example, engineers have to learn a lot of material and gain some important skills and knowledge from their post secondary education in order to be a successful in the future. If they are lacking the skills and knowledge to become an engineer, then they will make a lot of foolish mistakes throughout their engineering career which can easily lead to devastating engineering disasters. Thus, students will not study hard under the socialism system, which will lead to the lack of knowledge from students and this could possibly lead to horrific events in the