I am a bit surprised to see the pros and cons of socialism being debated on a gun sight. Regardless, socialism goes against basic human nature and will always fail. Capitalism is the only system that I am aware of that allows opportunity for people to rise and fall upon there own merit.
Concentrated power is not rendered harmless by the good intentions of those who create it.
"If you find yourself in a fair fight,,,
Your tactics suck"- Unknown