&gt; Socialism (the real deal, not capitalist welfare states) does not work. Nationalizing industries does not work. Price controls do not work. Central planning does not work. The most skilled leader in the world couldn&#x27;t make this program work.<p>Socialism is not nationalization of industries, price controls and central planning. What you describe is a very specific form of authoritarian socialism which people (as in masses, not individuals) only seek in deep desperation.<p>Actual socialism, as in workers control of the means of production, ie. workers owning and managing their own workplaces, does not require centralized power.