Virtually all advanced economies rely on socialist principles of redistribution of wealth through the fiscal system and state programmes within the context of a market economy.
Beyond that we're now seeing a growing dialogue pushing towards basic income, a full minimum living that is guaranteed and unconditional. This too can be considered socialist, and this too is compatible with a market economy where above and beyond the basic income (of e.g. $20k per year per person or whatever it is), people can pursue jobs to make $60k or $200k just like they do today, pursue education, charity or the thing they like to do, just as they do today, without the incentives of crime and fraud that exists for millions of Americans today who can't afford rent or insurance.
Neither systems are without flaws or caveats, but they show that socialist principles have their place in society. Of course that's different from other socialist principles which have failed, and a country without any form of market economy at all on a substantial scale (e.g. 10-20 million people and beyond) succeeding is unknown to me. Doesn't mean some of the principles of socialism aren't valuable. It'd be like saying a diet of just bread and water sucks, and extrapolating from that that any other diet that includes the components of bread and water(e.g. bread, water, veggies, fruit, fish), must therefore suck, too.
Beyond that we're now seeing a growing dialogue pushing towards basic income, a full minimum living that is guaranteed and unconditional. This too can be considered socialist, and this too is compatible with a market economy where above and beyond the basic income (of e.g. $20k per year per person or whatever it is), people can pursue jobs to make $60k or $200k just like they do today, pursue education, charity or the thing they like to do, just as they do today, without the incentives of crime and fraud that exists for millions of Americans today who can't afford rent or insurance.
Neither systems are without flaws or caveats, but they show that socialist principles have their place in society. Of course that's different from other socialist principles which have failed, and a country without any form of market economy at all on a substantial scale (e.g. 10-20 million people and beyond) succeeding is unknown to me. Doesn't mean some of the principles of socialism aren't valuable. It'd be like saying a diet of just bread and water sucks, and extrapolating from that that any other diet that includes the components of bread and water(e.g. bread, water, veggies, fruit, fish), must therefore suck, too.