Hedge fund manager buys drug company, raises price of pill from $13.50 to $750

Even wiki’s definition of Socialism is “Socialism is a social and economic system characterised by social ownership and/or social control[1] of the means of production and co-operative management of the economy,[2][3] as well as a political theory and movement that aims at the establishment of such a system.”

Which I feel is much different than social programs like welfare, SS, etc. Social programs aren’t the same as government controlled production and economy.

IMHO people wanting a more European model needs to rebrand it under a different banner. Because socialism to me is still poisoned by the Maos and Stalins - vs the less goose-steppy modern version.

Perhaps this is semantics, but it is easy for me to argue against the US taking control of say firearm manufacturing or car manufacturing, vs setting up social safety nets for people.