Don't be fooled by thinking that socialistic system is fair and provides total support for the poor. You don't know the dark side of it. And as I agree with LGilbert, it's stupid.
Even think about how many people would just love to get away from the countries where socialism is predominant. A lot of them act very patriotic, but as soon as they get a chance, money, opened door to the capitalism - poof!!! Where's that patriotism gone...:lol: but yet, when they out that door, they become patriotic again, and begin to complain, how hard the capitalistic life is, and what a perfect life they had back home, and that they were something then, now they are nothing, and all that. They forget, though, a lot. And the reason is simple, they are not used to working hard. They doomed...
And that, basically what was all about, people stopped working hard, because they had most necessary things in life, shared appartement, cheap sausages and bread. As well as alcohol. And then 70 years later it was the big economic bang, where country had no more money to supply for anybody, so all the people ended up in the situation, well, you can imagine.
In China now, people are striving for a change, would you, yourself, like to work for free, live in a bamboo hut, for the rest of your life? In a country, where you can't even vote for the new government.
I think the balance is needed, till we come up with something smarter.