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Red pill me, also why is socialism bad?
I'm new to this.

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redpill us on where it's ever worked. Let's start there.

Europe seems to be mostly socialist, counties such as Finland seem to be doing pretty well with it. Though of course despite that, we can clearly see it's negative effects on Venezuela but before it went to shit, it seemed to also be doing pretty well.
Based off what I know (which is limited, i'm a newbie), it seems socialism is pretty good at first but later on cannot sustain itself. But is that really the case?

You're fucking retarded if you think Finland is socialist. High taxes and social security =/= socialism. Having a welfare state isn't socialism. Socialism is the government seizing private property, private enterprise and the means of production. What Finland has is a social democracy or welfare state capitalism where the tax money collected from capitalist prosperity is used to better the lives of the nations citizens.

Belgium, Finland, Canada, Denmark. Off the top of my head.

>socialism

That's communism, brotenheimer. There's a difference. Learn it.

NI conflict

It's not economical systems that eventually fall on themselves. Ultimately, it's an ideological manifestation, how a country chooses to define its economical system. If the people are less involved in the ego, what Ayn Rand always considered the most important, the "I", then you'll find something a little more akin to socialism, and, often, a nationalist patriotism.

There's no one system that works, these are tools that are to be used by the ruling cultural and social laws that find themselves being shared.

The economic calculation problem. Socialism is the collective population simultaneously saying
>Fuck the free market, we can do bad all by ourselves!

The curious task of economics is to demonstrate to men how little they truly know about what they imagine they can design
Socialism is the epitome of hubris and has caused the downfall of everyone who espouses it

>Thinking those countries are socialist countries and not Capitalist countries with some socialist policies granted through heavy taxation

None of those countries are Socialist countries because there is still private ownership of land and businesses and the socialist policies (Universal health care for instance) is only funded through heavy taxation of the government on the populace.

Next countries you want to try?