Why is socialism wrong? Because the CEO of IBM would only make $600m a year instead of $1b?
Actually you are. Socialism != government controls all industry. That is, by definition, communism.
I get uneasy when government gets too involved in anything.
Please don't blindly equate Marxism to Communism, it just shows you have no frigging idea what you're talking about. Karl Marx represents just one of many theoretical types of communism. And that wasn't even the topic here, it was socialism. QuoteI get uneasy when government gets too involved in anything. This is (yet another) thing I find weird about Americans, although I sort of see it in an historical context. You are more uneasy about government taking control of important institutions in your life than you are in share holders and CEOs having control of the same things... Is there any logic in that? Do you generally believe billionaire shareholders to be more ethical and just in their control of America than the politicians would be? Not saying it's wrong, just looking for what lies behind it.