Why I'm Not A Socialist, and Never Will Be

In this piece Victor Davis Hanson doesn't address the "human nature" reasons why socialism fails, and neither does he discuss the loss of freedoms to an overpowering state. Those are the "red meat" reasons I'm against socialism, but his reasoning is pretty powerful, too:

The strangest things about the global statist crack-up are socialists’ unhappiness with their socialist utopia, and their subsequent efforts to avoid the consequences of the very redistributive state that they themselves once so gladly crafted.

Greece is the locus classicus. Why are the Greeks protesting? Against whom? They obtained long ago the promised bloated sector and high taxes that all schemed to avoid. Their alma mater EU is hardly a demonic capitalist-run plutocracy, but a kindred socialist state. Is Greece an oil producer, industrial powerhouse, high-tech innovator — anything that might explain the sort of upscale life, modern infrastructure, legions of Mercedeses, and plush second homes that one began to see in Greece after 1985?

In truth, socialist Greeks are furious that they have impoverished themselves and demand that private money and far harder-working Germans bail them out — but why so, when socialism should not need outside capitalist-generated dollars? ...

This discussion is, of course, a belabored example of why and how socialists do not like socialism. Indeed, statism is not a desired outcome, but rather more a strategy for obtaining power or winning acclaim as one of the caring, by offering the narcotic of promising millions something free at the expense of others who must be seen as culpable and obligated to fund it — entitlements fueled by someone else’s money that enfeebled the state, but in the process extended power, influence, and money to a technocratic class of overseers who are exempt from the very system that they have advocated.

So what is socialism? It is a sort of modern version of Louis XV’s “Après moi, le déluge” – an unsustainable Ponzi scheme in which elite overseers, for the duration of their own lives, enjoy power, influence, and gratuities by implementing a system that destroys the sort of wealth for others that they depend upon for themselves...

What stops socialism?

I fear bankruptcy alone.

Who are socialists?

There are none. Only technocratic overseers who wish to give someone else’s money to others as a means of winning capitalist-style lifestyles and power for themselves — in a penultimate cycle of unsustainable spending.