- There's no such a thing like 'democratic ownership' of the means of production. There is private ownership and then there is state ownership. A cooperative ownership comes to mind, too, but in socialist countries it is always merely a form of state ownership. There is no third way.
- Well, socialism is not meant to ration food and organise forced labour, suppress civil liberties, kill opponents, and do all sort of things like that... but it does so. It has always done so. Anytime and anywhere socialism ruled the country, there were shortages of goods and civil liberties curtailed. Soviet Union, Eastern Germany, China, Cambodia, Venezuela—you can always hear the same stories. In various forms, but the substance of socialism is still the same.
This is how socialism really looked like, according to a witness:
This is what people who have never seen socialism at work often think of it:
Dear Lorenzo, I understand that people need hope. I also realise that capitalism is not without its flaws. However...
A white male with some professional experience in finance and investing.