The only thing I might add is that most modern countries have a semi-socialist economic system where bureaucratic control of the means of production and property is considered enough. Increasing laws and regulations are enough to slowly cause economies to slowly degrade as was seen in Venezuela to a point where true socialism comes about. It seems that it is easy to vote oneself into socialist hell, but one usually has to shoot ones way out of it. The Brits almost went full socialist in the 70s, but they saved themselves with the election of PM Margaret Thatcher and the sacking of Labour Party MPs.