Quote from DeepFried:
Pol Pot and the Khmer Rouge created "economic equality" in Cambodia. Sure, they exterminated millions of people to get it but, hey, who gives a shit, right? It was for the greater good and those rich people and city slickers didn't deserve their material wealth.
The creepy thing about socialists is that they always consider themselves to be one of the elite that should be in charge of determining who is allowed to have what. It doesn't take long for that to ferment into something really horrifying.
The answer is in the middle. However, Capitalism is the more evil of the two. It is a system that cannot be stopped without a financial crash. So it will fight & transform to survive, while completely shattering the "ideals" that it preaches.
You can observe the "ideal" nation of USA turn into corporate feudalism, while manipulating its socialist components.
A purely socialist system of "equality" is retarded. People have different standards for themselves. So let them exercise that. I have no problem with that. However, what is happening now is that the elite are psychotic and are willing throw the lower class out on the street all for a few extra % points on their already absurd wealth. There is a documented pattern of wealth shift from the middle class into the upper 5%, with a little bit trickling into the ultra poor through government programs. A lot of it is due to the exclusive power of the elite, the other is through inflation & money supply. You know what, how can anyone claim fair opportunity when only the top 5% get the beneficial access to money supply growth while the rest of us only suffer from it through inflation?
I'm not even going to get into the environmental damage, natural resource & food waste of capitalism. It's sickening.