Why is socialism bad?
Genuine question?
Socialism as I understand it seeks to eliminate private ownership of the means of production. The factories, land, and resources used to create goods and services. Instead, these are controlled collectively by the state or community.
Is this how you define socialism? I've seen arguments on here about terms like socialism and communism that rage on for pages and pages with no clear resolution.
If you agree with this definition, then I believe socialism is inherently flawed. By removing private ownership, it stifles innovation, competition, and the drive to work hard. It restricts my freedom to own land, start a business, or build wealth. This undermines the incentives that fuel progress and personal ambition.
