[croes]

So bank regulation worked in 2008, is was just a human failure?

Communism works, it's just human failures?

The measure of whether something works is whether it prevents human failure.

[pksebben]

We had gotten rid of bank regulation, which caused 2008.

https://www.federalreservehistory.org/essays/glass-steagall-....

[croes]

Pretty US centric view.

Banks in other countries were affected too, despite regulations.

[dmichulke]

You forgot:

Regulation works but it was just human failure:

https://en.wikipedia.org/wiki/MF_Global

[hestefisk]

Socialism to some extent has been successful in some countries. Sweden is a good example.

[BlueTemplar]

No it isn't. Pretty sure that they have a lot of private entities owning the means of production in a free(ish) market, and not mostly the government ?

[vinay427]

I agree with your statement, perhaps with a very loose sense of “socialism to some extent”.

However, socialism is not communism, which is what the GP comment mentioned.