Is Socialism a good thing?

[Sirius_]

No, I ultimately believe that the social market system is best for us, at least for now. It does incorporate some "socialist" elements of regulations and welfare, which in these doses, as Dead0man said, are beneficial and necessary. Of course socialism is such a broad term that it can't really be defined in one way and thus can change some opinions. But if we consider socialism to be the hard/non-market form of government planning and ownership of resources and whatnot, it is obviously flawed as seen by previous examples. The system makes corruption much too easy when resources are in the hands of so few. Capitalism spreads resources across a greater number of people and organizations, and while unlimited capitalism can result in centralization as well, social market policies have been most effective in preventing corruption than either extreme. To whoever argues that money would be abolished, without debating the logistics of resource distribution without it abolishing money is unfeasible without a united Earth as international transactions would become impossible and self-sufficiency is simply not possible in this era.