I think I first saw this thing about two cows several years ago, but there have been several more instances added in this version. Some of the new ones are even funnier than the earlier ones. It looks like people have just been tacking examples on the end. (HT: 42)
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As I said there:
The entry for TRADITIONAL CAPITALISM isn’t accurate:
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
Others do the same and the market for cows crashes.
You’re forced to sell them and are left nearly penniless and forced to work in your old age.