I am going to write a long answer for this. Let’s examine some analogy first:
Say you are farmers of mangos. Say there are those willing to pay a lot for those mangos.
You have several options
1. You can give the mangos away for free.
2. You can let your mangos rots.
3. You can sell your mangos to “small buyers” with great discount for those least able to pay for it.
4. You can max out your profit by selling it at market price?
Among many justification for socialism, this one actually make sense. The ming and the sung in china also fall due to wealth disparity.
The poor, which has no land to defend anyway, don’t bother fighting. Government then perform a belated response of redistributing land and confiscating property for “national defense”. This results in the rich switching side to mongols.
However, most socialists measure simply worsen poverty. Socialists take money from workers via income tax, while giving it to aristocrats and land owners via bribes, infrastructure building, and corruption.
I am going to write a long answer for this. Let’s examine some analogy first:
Say you are farmers of mangos. Say there are those willing to pay a lot for those mangos.
You have several options
1. You can give the mangos away for free.
2. You can let your mangos rots.
3. You can sell your mangos to “small buyers” with great discount for those least able to pay for it.
4. You can max out your profit by selling it at market price?