Garbage. The author needs to learn the history and get some understanding of human nature. The author needs to do some serious reading before writing anything that makes sense. However, the ignorance of the author is common today, among general public as well as among pundits. For this reason, I wrote a few texts explaining the basics. First, one needs to understand differences between socialism and capitalism. I received many thanks for writing this text: https://medium.com/@hak1010/capitalism-socialism-and-communism-db09ad64b81d.