I think socialism works and though a high ideal to reach for is workable. Most western goverments are to some extent socialist, even the US. Communism does not work. Communism has the ability to mass huge numbers of relatively poor peoples to work on infrastructure projects and may supply the basic needs of society, but does not address the "wants" of a society. People want to advance, they want better for their children, they want luxury items. All work and no play makes Jack/Jill a dull person. Socialism addresses the "wants" of society. People want to be looked after when they grow old, they want effective healthcare, they want quality education for their children.
It works until it gets too expensive, which is inevitable as government is prone to mismanagement, among other things. As for the 'wants' of society, get a job.
Capitalism does not work. The gap between rich and poor gets wider all the time. Wealth accumulates in the top percentile of the population. Eventually the poor rebel. Maybe not violently but fringe parties arise that capture the imagination of people with grand plans of wealth redistribution and equalization. Nationalism rise it's ugly head as outsiders or the elite are blamed for the woes of society. If the elite remain in power they turn the peoples attention outside their own borders. If the downtrodden come to power they attack the intellectuals and entrepeneurs.
Typical situations found in socialist-dictator regimes you often find in developing and underdeveloping nations, better known as the third world and Nazi Germany. Which, with the exception of Germany, are not exactly good examples of failed capitalism.
I feel if Quebec seperated, they would have a civil war with the native population. Northern Quebec where all the resources are is almost all Cree nations people. Quebec is not viable without the north, Ungava Penninsula and the Labrador border region. Natives in Quebec did not have the vote till 1970. I think they will elect to stay with Canada.
If Quebec seperated, they'd be screwed. The Canadian government would not accept soverienty-association and they'd spend the next 15 in negotiations at the WTO and then another 10 worming their way into NAFTA. No more protectionist policies.....NOTHING. I'd like to see how they 'pan' out at the WTO personally, but I don't think that'll ever happen......then there's the bank of Canada......no more influence there.....mmmmmwwwwhhhhahahahahahahahaha.