Properly Applied Socialism

Unregulated capitalism is feudalism.

Remember the, "Panics," of the 19th century, the Great Depression of the 20th century and the Great Recession of the 21st century?  They were all caused by over leveraged, private debt, and the fix wasn't implemented till anti-trust laws, Glass-Steagall, Keynesian government spending, government agencies creating jobs, etc... applied appropriate, Socialist, corrections.

That was socialism finally curing what was causing recurring crashes of the US economy while creating the greatest, most equitable, economic expansion in the history of the USA (and the rest of the world, for that matter). See: statistics from the US economy from 1946 - 1976. 

I'm betting that you know where to find said stats.

The megalomaniacal oligarchs, aristocrat wannabes, spent decades trying to undo that progress. The wannabes finally stopped progress when they purchased the Republican party to create the Republican criminal syndicate (RCS). 

The Reagan administration (RCS in the White House) introduced the  regressive nonsense that constituted, 'Supply Side,' economics. The Neo-liberals (a combination of gullible Democrats, Libertarians and Independents) allowed what George HW Bush appropriately, initially, labeled as, "voodoo," ('doo-doo,' to me) economics to destroy the aforementioned economic progress.  

The merde l'orange (criminal in chief) administration has had the White House purchased for them, while the RCS tore down the legislature, US Congress, and SCOTUS. All this in service to the megalomaniacs who did not want the, previously mentioned, enormous and equitable economy to be restored, to say naught of improved upon.

The current, incumbent Democrat office holders are trying to pretend all this isn't true, because restoration would put some of them on the sideline; out of power.

Time to move forward again!  Bernie, AOC, Mamdani, Waters, etc... will lead the way.