Some thoughts on Socialism

The UP elections have just recently concluded & the ELEPHANT has been thrown into the wilderness. While we as a nation mull over what's going to happen & how this will effect DELHi & central politics I cannot but help myself from thinking about how I saw the world & politics till a few years back! While in college & for a few years post that (in my early 20's) I was certain the socialist economy is the best way for a country to survive. China, after all wasn't doing too badly while all the Scandinavian country's were just doing brilliantly. One look at Norway, Sweden or Finland & you will soon see that life or standard of living is excellent in any of these nations. Then, what's gone wrong.. in my head I don't believe in that system anymore... SO why? Just a few pegs down I've realized the basic & fundamental truth points.. 1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. 2. What one person receives without working for, another person must work for without receiving. (that's obvious inst it! Someone has to MAKE money!) 3. The government cannot give to anybody anything that the government does not first take from somebody else. (To be a lender you have to be a borrower 1st!) 4. You cannot multiply wealth by dividing it! (Duh!) 5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation ( & I think we as Indians are going down that route very, very quickly, all thanks to vote bank politics!)