Well Scandinavia has the best quality of life in the world so 🤷♂️ I don’t think full on socialism is a good idea as it may disincentivize hard work and reward people who don’t work a day in their lives. Communism is obvious, it’s authoritarian asf, you literally own nothing, and we’ve seen how it’s worked out previously. Capitalism is an unfair system that promotes a wide gap between the rich and everyone else.
Income inequality is worse than before the French Revolution, and spending power is worse than the Great Depression. The rate of unemployment is much, much higher than reported. The economy is propped up by an AI tech bubble and drug money. Top 10% of earners owns 66% of the wealth in this country, which is why it looks like America is rich.