Welcome to the freepolymath.org website. The word free-polymath means to become increasingly knowledgeable for the sake of individual freedom. Knowledge and freedom are major components of inner peace. Inner peace is the rest frame of spirit.
Socialism is a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. It is a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done.
It sounds like a really good deal, a nice design of human society. But why haven't we seen any major country that has turned into a classical socialism society? To answer this question, we firstly ask another question, who is in charge of "production, distribution, and exchange" in a socialism society?