“My stock portfolio has gone through the roof! Viva la revolucion!”
This always seems to happen. The socialists at the top of the socialist hierarchy end up with all the loot. Time and time and time again.
What of the proletariat? What of the people?
Invariably socialist countries are also deeply crony. From the Soviet Union, to Hitler’s Germany, to modern China, to even in the “good” socialist countries like Denmark, cronyism is a key part of the system.