Great Britain's Iron Lady, Prime Minister Margaret Thatcher, told us everything you need to know about socialism: "The only problem with Socialism is pretty soon you run out of other people's money."  Let me modify something Winston Churchill once said "[Capitalism] is the worst form of [economic] system until you consider the alternatives."  The Sandernistas want something that you just can't have "Money for nothing and your chicks for free."  
Sportscaster Vin Scully commenting on air 16 Jun 16 with the Milwaukee Brewers' Hernan Perez up to bat:

  Perez, 25 years old, originally drafted by the Tigers.  Lives in Venezuela.  Boy, can you imagine, you're a young kid playing in the United States, you're from Venezuela, and every time you look at the news it's a nightmare.  A bunt attemp is missed -- runners are holding, 0-and-2.  Socialism failing to work, as it always does, this time in Venezuela.  You talk about giving everybody something free and all of a sudden, there's no food to eat.  And who do you think is the richest person in Venezuela?  The daughter of Hugo Chavez.  Hello!  Anyway, O-and-2.

Notable and Quotable, Wall Street Journal, ​Tuesday, June 21, 2016. A.11.
Socialism, Fascism and Communism are all forms of central control with labels chosen by those who want the control.  Most of the communist, socialist and fascist nations eventually devolve into black market nightmares where a few elites build massive fortunes while the rest of the nation struggles to make ends meet.  Why is China drifting to capitalism?  Because it works and it rewards individual and group effort.
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