https://amgreatness.com/2019/02/19/the-cost-
A defining feature of the 20th century was the struggle between capitalism and three major types of socialism: Communism, national socialism, and fascism. All three types of socialisms, as well as Cuba and Venezuela today, failed to duplicate the accomplishments of capitalism in raising the standard of living. Yet, a supposed new brand of socialism, “democratic socialism,” is emerging in the United States. Democratic socialism has two objectives consistent with all other types of socialism: the top-down control of resource allocation and the top-down predetermined economic outcome. But democratic socialism also has one institution that is said to set it apart from its predecessors: democratic socialism supports democratic elections.
Unfortunately, the undeniable economic success of capitalism made it unlikely that voters would support democratic socialism at the ballot box on the basis of efficiency. Democratic socialists, the so-called progressives, instead found their rallying cry in income inequalities. They promise the equalization of incomes via a variety of redistributional policies such as extraordinary marginal tax rates on high incomes, government sponsored jobs, weakening of private property rights via regulations, and measures like Alexandria Ocasio-Cortez’s return-to-the-cave proposal, called the “Green New Deal.” (As a footnote: In the Critique of the Gotha Program, Marx and Engels criticized German socialists for advocating income equality).
Redistributional policies call for more administrative programs. Those programs require more bureaucrats and bigger budgets. More bureaucrats and bigger budgets increase the role of government in the economy. More government in the economy increases the transfer of resources from competitive economic markets to political markets. And this transfer of resources to political markets incentivizes people to vote for a living. Clearly, democratic socialists want to throw out the equality of opportunity in favor of the equality of outcome. Electing the progressives must have consequences.