@BlueTsunami Technically socialism only refers to public/worker ownership of the means of production.

Which is *exactly* what we need. The proceeds of business should be reinvested in society (which includes supporting the poor and disadvantaged, in part because it's the right thing to do and in part because it usually helps them to utilize their potential / become more productive, yielding an excellent ROI on average), rather than being funneled towards a super-rich minority.