Socialism as an economic utility does not fail because of the rewards given to the masses for less work, effort, talent or ability.
Socialism fails because it refuses to accept the possibility of failure.
It does not punish the lazy or inept shiftless drones who refuse to act for their own benefit. Instead, it mandates all are equal legally (good) and thus equal monetarily, intellectually (bad).
The entire purpose of government and any economic system is to enable them to live as peaceably and fruitful as possible while being just.
It cannot be just to mandate tribute for the sake of someone else and then use force to defend this statute. A society cannot be considered peaceful if it’s citizens are under the constant threat of force.
Socialism fails not because it gives – it fails because it takes.
It will not matter how many nations submit to a socialized economic model, none of this can stop laziness and lethargy.
You want a brighter, leaner, more capable America? Stop taking from the deserving and giving to the undeserving.
Start demanding that people, like every other fucking organism on the planet, earn their happiness, their food, their livelihood.
– by titaniumten
http://www.reddit.com/r/Libertarian/comments/col21/why_socialism_fails/