>>78354 Socialism in America began with Social Security established in 1935 as a vice to redistribute wealth over time. A ponzi scheme to make the initial early beneficiaries (of the 40s, 50s, 60s & 70s eras) a whole lot of money in retirement years while looting from future generations (the younger generations of today). Things were still very stable and affordable back then, as initially Socialism is, but the problem is as in all cases, nothing is free, that massive wealth transfer is going to be paid by someone at the expense of someone else. You inevitably run out of other peoples' money and trust. Many countries have tried similar ponzi schemes and they all go broke, with early winners and late-to-the-game losers.