There have been successful cases for socialism, just not the exact model that I would prefer. For example, China has had great success with their model of allowing foreign investment in a communist country. But their system is more communist than I would like. I prefer a bit more capitalism than they allow. Sweden is an example of a much smaller country that has had great success with a mixed socialist and capitalist system. But they do allow private corporations to operate independent of the government, even though there are strict regulations.

The United States would greatly benefit from such a system. Most jobs are created by small business, i.e. "Main Street", which would continue to exist. But all the natural resources in this country would become property of the people rather than property of the few elite. Everyone would benefit from the profits made from the vast natural resources we have, which is probably more than any other country in the world. In such a system, the average person would probably not have to pay a single dime in taxes ever. In fact, we would probably all receive dividend checks from the government as the people of Alaska do. The government would have plenty of revenue from which to operate from all of the nationalized industry.

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my experience on X5world when I spend too much
time posting in political threads in the lounge...