Socialist economic system is, in essence, a political system based on the economic exploitation of others.
The basic principles of this system are: The state is the economic manager of the society, and the economic managers of society are the capitalists, capitalists, and landlords.
The capitalist class has the power to create wealth, and they use this power to enslave the masses.
The landlords and capitalists are the servants of the state, who are supposed to ensure that their properties are properly maintained and that their people are adequately paid.
Under socialism, the state becomes the capitalist class, and these people are supposed, through their representatives, to help the working class and the poor, while they enrich themselves.
Socialism is a system of government based on exploitation.
The state, therefore, is a powerful economic instrument, and it must be defended against all attacks.
Source: Socialism, Socialist, Communism? article