[mback00]

Um. An overly socialized economy incentivizes counterproductive behavior. The early puritans in Massachusetts /started/ with the extremity of a socialist system of non-ownership with the hope that all would collectively contribute to a wonderful Christian society. They starved until they based their society on ownership and focus on equality of opportunity instead of equality of outcome.

My point is that once you start just giving money away - you shift to the early Massachusetts model...which leads to poverty and starvation. Even the most moral of men (can you argue that early puritans were more focused on morality than us?) will fail under a system that rewards sloth.