Found on JohnMarkReynolds.com - Professor At Biola University (where my graduate school, Rosemead School of Psychology, resides). Some telling thoughts on socialism
"Finally, the free market does not set wealth as an idol around which all of society must be organized. Socialism
sees money making as so important that it must place it in the power of the state. It proclaims to want to end the greed of the rich while being obsessed with them. Free market economics assumes that many other things motivate men (love of God, family, and country for example). The state need not control economics totally, because economics while important is not everything. Men with sound ideas about economics (not full of greed, moderate in desires) can be very bad men in other areas. Hitler and Stalin were both men of moderate desires in terms of money, but both were horrid men.
Socialism has never worked where it has been tried. Even small religious communities that try it, like the kibbutz of Israel, tend to die out by the third generation. Socialist nations are often abusive in terms of power even when they start off with so-called noble intentions. Socialist states have killed more people than any other system in human history. States like Sweden that are more peaceful find they soon face an aging population where the brightest and best have fled to other places. They end up dependent on benevolent free market states (like the US) for their protection. If it were not for the US such socialist havens (which have backed away from socialism in recent years) could not exist even in the forms they do. They are not able to maintain their economically foolish system and a good defense."
JB here; Yet people never quit hoping that socialism will work. It seems to me it's based upon simple greed. Somebody ELSE will pay your bills and obtain for you, goods and services. Eh, Don't Think So!
The key to financial success: Be a "worker bee" and never divorce your spouse. It's pretty much that simple.