- We Called It A Year Ago, Socialism Never Works! (Image: MGN)
A story came out in April of 2015 about a CEO of a company paying every employee a $70,000 salary. That’s right, every employee. From the executives, down to the lowliest workers, everyone got a $70,000 yearly salary.
For the people on the lower end of that spectrum, I’m sure they were thrilled. Getting paid a well above average yearly salary, for doing low-level work sounds good to me. Yet, the people at the top of that spectrum didn’t share their enthusiasm.
In August of 2015, we wrote about the story, stating how Socialism doesn’t work. It can’t. You can’t expect executives who are working harder than anyone else in the company to be okay with making the same salary as the low-level employees. It just doesn’t work that way.
Read our article “Gravity Payments Just Proved That Socialism Will Never Work”, which describes the first time the CEO of Gravity Payments, Dan Price, entered the news.
As we so eloquently put in our previous article “what he,” Dan Price, “didn’t take into account was that human nature is to succeed and be the best in the pack, and that’s why this decision was a mistake.”
Well, it turns out our prediction was right. The CEO of a giant company that rose to fame after he gave everyone a $70,000 salary, is now renting out his home to stay afloat.
We hate to be the ones to say we told you so, but…we told you so.
You see, the old saying “life isn’t fair” is an old saying for a reason. You can’t give everyone the same thing because, to put it simply, not everyone deserves the same thing. You can’t expect the guy who fixes the sink your companies bathroom to get the same money as the guy who handles multi-million dollar deals. That isn’t fair. If socialism were truly all about the fairness of the people, they would see that people get a certain salary because they earned it.
Dan Price, 31, is now renting out his house to make ends meet, while working as hard as ever to keep his business afloat. Which isn’t an easy thing to do when you’re living out of your garage.
Not only did Dan’s company lose customers, they view Dan’s decision as a political statement, but he also lost employees.
One of his former employees Grant Moran, 29, quite and told the papers that, “Now the people who were just clocking in and out were making the same as me. It shackles high performers to less motivated team members.”
Well, Dan, we hope that you have learned why socialism fails in every situation, but we have to thank you for your example.
Socialism does not promote competition or motivation in the workforce. It takes away the possibility of a career and makes working simply that, work. If we lived in a socialistic environment all the companies that have not only flourished but changed our way of living would not exist. Our advancement in science would not be what it is today. The possibility of the Tesla car company, the iPhone… none of those would exist.
Thank you, Dan Price for reminding us of why we live in the type of country we live in.
